Abbreviated Company Accounts - REGIONAL EXPRESS LIMITED

REGIONAL EXPRESS LIMITED - Company Information

07983312 REGIONAL EXPRESS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07983312 2014-04-01 2015-03-31 07983312 2015-03-31 07983312 2014-03-31 07983312 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07983312 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 07983312

REGIONAL EXPRESS LIMITED

Abbreviated Accounts

31 March 2015

REGIONAL EXPRESS LIMITED Registered Number 07983312

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	80,905	38,285
Investments	3	8,500	-
		89,405	38,285
Current assets
Stocks		-	-
Debtors		236,585	221,055
Investments		-	1,000
Cash at bank and in hand		89,428	38,387
		326,013	260,442
Prepayments and accrued income		2,327	-
Creditors: amounts falling due within one year		(257,337)	(176,859)
Net current assets (liabilities)		71,003	83,583
Total assets less current liabilities		160,408	121,868
Creditors: amounts falling due after more than one year		(52,554)	(61,849)
Total net assets (liabilities)		107,854	60,019
Capital and reserves
Called up share capital	4	100	100
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		107,754	59,919
Shareholders' funds		107,854	60,019

For the year ending 31 March 2015 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 16 June 2015

And signed on their behalf by:
Mr E Buggy, Director

REGIONAL EXPRESS LIMITED Registered Number 07983312

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computers - 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2014	54,003
Additions	59,523
Disposals	0
Revaluations	0
Transfers	0
At 31 March 2015	113,526
Depreciation
At 1 April 2014	15,718
Charge for the year	16,903
On disposals	0
At 31 March 2015	32,621
Net book values
At 31 March 2015	80,905
At 31 March 2014	38,285

3Fixed assets Investments
An investment to another entity.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100