Rave Solutions Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03149361 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2015

for

Rave Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Directors:

Mr Avinash Gupta

Mrs Ruchika Gupta

Registered office:

10th Floor

1 Canada Square

Canary Wharf

London

E14 5AA

Registered number:

03149361 (England and Wales)

Accountants:

K&B Accountancy Group

10th Floor

1 Canada Square

Canary Wharf

London

E14 5AA

Fixed assets

Tangible assets

2

-

548

Current assets

Debtors

-

12,076

Cash at bank and in hand

81,895

82,009

81,895

94,085

Creditors

Amounts falling due within one year

(62,103

)

(66,945

)

Net current assets

19,792

27,140

Total assets less current liabilities

19,792

27,688

Capital and reserves

Called up share capital

3

250

250

Profit and loss account

19,542

27,438

Shareholders' funds

19,792

27,688

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 22 September 2015 and were signed on its behalf by:

Mr Avinash Gupta - 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).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	Tangible fixed assets

Total

£

COST

At 1 June 2014

and 31 May 2015

9,889

DEPRECIATION

At 1 June 2014

9,341

Charge for year

548

At 31 May 2015

9,889

NET BOOK VALUE

At 31 May 2015

-

At 31 May 2014

548

3.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/5/15

31/5/14

value:

£

£

250

Ordinary share

1

250

250

4.	Ultimate controlling party

The company is controlled by the directors who own 100% of the called up share capital.