Registration number:
R House 4 Limited
Filleted
for the
Period from 1 May 2020 to 31 October 2021
R House 4 Limited
Contents
Company Information |
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Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
R House 4 Limited
Company Information
Director |
G Bassett |
Registered office |
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Accountants |
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R House 4 Limited
(Registration number: 06572168)
Statement of Financial Position as at 31 October 2021
Note |
2021 |
2020 |
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Current assets |
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Debtors |
- |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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For the financial period ending 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.
Approved and authorised by the
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R House 4 Limited
Notes to the Unaudited Financial Statements for the Period from 1 May 2020 to 31 October 2021
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention.
These financial statements are prepared in sterling which is the functional currency of the entity.
Revenue recognition
Turnover represents profits received from Clarke Mairs LLP, a limited liability partnership.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
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Computer equipment |
3 years straight line |
R House 4 Limited
Notes to the Unaudited Financial Statements for the Period from 1 May 2020 to 31 October 2021 (continued)
2 |
Accounting policies (continued) |
Investments
Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment. Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Staff numbers |
The average number of persons employed by the company (including the director) during the period, was
Tangible assets |
Office equipment |
Total |
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Cost or valuation |
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At 1 May 2020 |
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At 31 October 2021 |
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Depreciation |
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At 1 May 2020 |
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At 31 October 2021 |
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Carrying amount |
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At 31 October 2021 |
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Debtors |
2021 |
2020 |
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Other debtors |
- |
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- |
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R House 4 Limited
Notes to the Unaudited Financial Statements for the Period from 1 May 2020 to 31 October 2021 (continued)
Creditors |
Creditors: amounts falling due within one year
2021 |
2020 |
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Due within one year |
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Accruals and deferred income |
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Corporation tax liability |
20,038 |
14,294 |
Directors loan accounts |
26,552 |
23,770 |
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Related party transactions |
The company is a corporate member of Clarke Mairs LLP. During the period Clarke Mairs LLP made payments to and on behalf of the company totalling £121,436 (2020 - £85,116). Included within other debtors at the period end is an amount of £Nil (2020 - £282) representing undrawn profits.
At the year end an amount of £26,552 (2020 - £23,770) was owed to G Bassett, director.