Company Registration No. 06389617 (England and Wales)
R&S Records Limited
Unaudited accounts
for the period from 31 October 2018 to 31 October 2019
R&S Records Limited
Unaudited accounts
Contents
R&S Records Limited
Company Information
for the period from 31 October 2018 to 31 October 2019
Director
Renaat Vandepapeliere
Company Number
06389617 (England and Wales)
Registered Office
150 TOOLEY STREET
LONDON
SE1 2TU
ENGLAND
R&S Records Limited
Statement of financial position
as at
31 October 2019
Tangible assets
11,385
15,179
Cash at bank and in hand
27,609
15,606
Creditors: amounts falling due within one year
(224,747)
(128,732)
Net current (liabilities)/assets
(47,173)
37,048
Total assets less current liabilities
(35,788)
52,227
Creditors: amounts falling due after more than one year
(265,096)
(370,288)
Net liabilities
(300,884)
(318,061)
Called up share capital
1
1
Profit and loss account
(300,885)
(318,062)
Shareholders' funds
(300,884)
(318,061)
For the period ending 31 October 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2020 and were signed on its behalf by
Renaat Vandepapeliere
Director
Company Registration No. 06389617
R&S Records Limited
Notes to the Accounts
for the period from 31 October 2018 to 31 October 2019
R&S Records Limited is a private company, limited by shares, registered in England and Wales, registration number 06389617. The registered office is 150 TOOLEY STREET, LONDON, SE1 2TU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 31 October 2018
1,991
26,144
28,135
At 31 October 2019
1,991
26,144
28,135
At 31 October 2018
1,519
11,437
12,956
Charge for the period
118
3,676
3,794
At 31 October 2019
1,637
15,113
16,750
At 31 October 2019
354
11,031
11,385
At 30 October 2018
472
14,707
15,179
Trade debtors
5,380
18,927
Accrued income and prepayments
140,164
126,826
Other debtors
4,421
4,421
R&S Records Limited
Notes to the Accounts
for the period from 31 October 2018 to 31 October 2019
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
123,709
52,230
Taxes and social security
(5,504)
3,370
7
Creditors: amounts falling due after more than one year
2019
2018
Other creditors
265,096
370,288
8
Average number of employees
During the period the average number of employees was 1 (2018: 1).