Regent Service Solutions Limited
|
Registered Number
:
07294835
|
For the year ended 30 June 2017
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2017
Regent Service Solutions Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Regent Service Solutions Limited
Statement of Financial Position
2016
2017
Property
,
plant and equipment
|
28,357
36,229
2
28,357
36,229
2,000
9,749
3
Trade and other receivables
|
122,880
65,945
4
112,723
Cash and cash equivalents
|
150,145
225,839
237,603
Trade and other payables
:
amounts falling due within one
|
year
|
(86,566)
(58,180)
5
151,037
167,659
Net current assets
Total assets less current liabilities
|
196,016
187,266
196,016
Net assets
187,266
1
1
196,015
187,265
196,016
187,266
Shareholders' funds
For the year ended 30 June 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 June 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 22 January 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 30 June 2017
Regent Service Solutions Limited
Notes to the Financial Statements
Statutory Information
Regent Service Solutions Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
07294835
.
|
Enfield Enterprise Centre
Unit 52
26-28 Queensway
Enfield
EN3 4SA
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 as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
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:
|
Plant and machinery
Computer equipment
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 30 June 2017
Regent Service Solutions Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
69,877
4,456
54,395
11,026
578
578
-
-
11,026
54,395
5,034
70,455
Provision for depreciation and impairment
|
33,648
2,288
27,869
3,491
Charge for year
8,450
687
6,632
1,131
42,098
2,975
34,501
4,622
6,404
19,894
2,059
28,357
7,535
26,526
2,168
36,229
2016
2017
9,749
2,000
4
.
Trade and other receivables
|
2016
2017
53,766
119,990
12,179
2,890
122,880
65,945
5
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
6,404
16,881
Taxation and social security
|
50,301
56,249
1,475
13,436
58,180
86,566
3 of 4
For the year ended 30 June 2017
Regent Service Solutions Limited
Notes to the Financial Statements Continued
6
.
Related party transactions
|
The director hold all of the share capital in the company.
7
.
Directors advances and guarantees
|
Loaned
Mr Gary Keys
Advance
9,575
-
9,575
9,575
-
9,575
The advance of £9574.69 to the director was repaid immediately after the year end.
4 of 4