Daniel Rinsler & Co Limited
|
Registered Number
:
04499735
|
For the year ended 30 September 2017
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2017
Daniel Rinsler & Co Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Daniel Rinsler & Co Limited
Statement of Financial Position
2016
2017
Property
,
plant and equipment
|
8,967
8,267
2
8,967
8,267
Trade and other receivables
|
76,085
137,911
3
24,630
Cash and cash equivalents
|
44,971
182,882
100,715
Trade and other payables
:
amounts falling due within one
|
year
|
(28,609)
(45,758)
4
72,106
137,124
Net current assets
Total assets less current liabilities
|
146,091
80,373
(1,704)
(1,653)
Provisions for liabilities
|
144,387
Net assets
78,720
100
100
144,287
78,620
144,387
78,720
Shareholders' funds
For the year ended 30 September 2017 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 of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
These financial statements were approved and authorised for issue by the Board on 14 June 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 30 September 2017
Daniel Rinsler & Co Limited
Notes to the Financial Statements
Statutory Information
Daniel Rinsler
&
Co Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
04499735
.
|
Principal place of business
:
|
63 High Road
Bushey Heath
Hertfordshire
WD23 1EE
1 Berkeley Street
London
W1J 8DJ
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention
.
|
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
20% and 30% Reducing balance
|
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
|
2 of 4
For the year ended 30 September 2017
Daniel Rinsler & Co Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
50,961
4,415
55,376
Provision for depreciation and impairment
|
42,694
Charge for year
3,715
46,409
8,967
8,267
3
.
Trade and other receivables
|
2016
2017
16,324
22,825
121,587
53,260
76,085
137,911
4
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
803
616
Taxation and social security
|
44,180
26,846
775
1,147
45,758
28,609
5
.
Related party transactions
|
During the period
,
the company paid to the director dividends of £
66
,
300
(
£
71
,
825
in
2016
)
The company paid
|
dividends of £
35
,
700
to the director
'
s wife
(
£
38
,
675
in
2016
).
Since the balance sheet date
,
no additional dividends
|
have been voted
.
|
3 of 4
For the year ended 30 September 2017
Daniel Rinsler & Co Limited
Notes to the Financial Statements Continued
6
.
Directors advances and guarantees
|
Loaned
Interest
D P Rinsler
Director's Loan account
10,719
(337)
9,516
1,540
10,719
(337)
9,516
1,540
The loan was unsecured and repayable on demand. Interest was paid at the rate of 2.75%.
7
.
Guarantees and other financial commitments
|
At
30
September
2017
the company had annual commitments under non
-
cancellable operating leases as set out
|
below
:
|
2016
2017
Operating leases which expire
:
|
714
709
714
709
8
.
Average number of persons employed
|
During the year the average number of employees was 2 (2016 : 2)
9
.
Transition to FRS
102
|
The director considers that no transition adjusments are necessary upon adoption of Financial Reporting Standard
|
102
.
|
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