Abbreviated Company Accounts - RED LABEL HOLDINGS LIMITED

Abbreviated Company Accounts - RED LABEL HOLDINGS LIMITED


Registered Number 03829579

RED LABEL HOLDINGS LIMITED

Abbreviated Accounts

31 August 2014

RED LABEL HOLDINGS LIMITED Registered Number 03829579

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Current assets
Debtors 14 -
Cash at bank and in hand 1,032 1,223
1,046 1,223
Creditors: amounts falling due within one year (1,070) (1,057)
Net current assets (liabilities) (24) 166
Total assets less current liabilities (24) 166
Total net assets (liabilities) (24) 166
Capital and reserves
Called up share capital 2 2 2
Profit and loss account (26) 164
Shareholders' funds (24) 166
  • For the year ending 31 August 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 13 May 2015

And signed on their behalf by:
M R Anderson, Director

RED LABEL HOLDINGS LIMITED Registered Number 03829579

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% straight line
Motor vehicles 25% straight line

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each 2 2