Rainbow Commercial Finance Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03849004 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

RAINBOW COMMERCIAL FINANCE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Y Iqbal

REGISTERED OFFICE:

163 Francis Road

London

E10 6NT

REGISTERED NUMBER:

03849004 (England and Wales)

ACCOUNTANTS:

Dean Sullivan Limited

Chartered Certified Accountants

163 Francis Road

London

E10 6NT

CREDITORS

Amounts falling due within one year

3,449

3,119

NET CURRENT LIABILITIES

(3,449

)

(3,119

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,449

)

(3,119

)

CAPITAL AND RESERVES

Called up share capital

2

100

100

Share capital reserve

119,219

119,219

Profit and loss account

(122,768

)

(122,438

)

SHAREHOLDERS' FUNDS

(3,449

)

(3,119

)

(3,449

)

(3,119

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 25 September 2015 and were signed by:

M Y Iqbal - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Tangible fixed assets

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

100

Ordinary

1

100

100