Abbreviated Company Accounts - RARTER LIMITED

01349257 RARTER LIMITED 2015-07-31 false 2014-08-01 2015-07-31 true 01349257 2014-08-01 2015-07-31 01349257 2015-07-31 01349257 2014-07-31 01349257 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 01349257 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:PreferenceShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:PreferenceShareClass1 2015-07-31 uk-gaap-cd-bus:PreferenceShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 01349257

RARTER LIMITED

Abbreviated Accounts

31 July 2015

RARTER LIMITED Registered Number 01349257

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	9,508	2,619
		9,508	2,619
Current assets
Debtors		78,227	90,754
Cash at bank and in hand		169,306	164,894
		247,533	255,648
Creditors: amounts falling due within one year		(93,579)	(120,003)
Net current assets (liabilities)		153,954	135,645
Total assets less current liabilities		163,462	138,264
Creditors: amounts falling due after more than one year		(95,882)	(95,882)
Total net assets (liabilities)		67,580	42,382
Capital and reserves
Called up share capital	3	103,300	103,300
Profit and loss account		(35,720)	(60,918)
Shareholders' funds		67,580	42,382

For the year ending 31 July 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 8 December 2015

And signed on their behalf by:
Mr J S Batchelor, Director

RARTER LIMITED Registered Number 01349257

Notes to the Abbreviated Accounts for the period ended 31 July 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 each asset over its estimated useful life.

Plant & machinery - 15% on reducing balance

Other accounting policies
Hire purchase and leasing commitments:
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 August 2014	164,294
Additions	9,194
Disposals	(2,020)
Revaluations	-
Transfers	-
At 31 July 2015	171,468
Depreciation
At 1 August 2014	161,675
Charge for the year	1,497
On disposals	(1,212)
At 31 July 2015	161,960
Net book values
At 31 July 2015	9,508
At 31 July 2014	2,619

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
63,300 Ordinary shares of £1 each	63,300	63,300
40,000 Redeemable Preference shares of £1 each	40,000	40,000

Redeemable preference shares:
(a) These are redeemable at the option of the directors at any time after 1 January 1995
(b) They are redeemable at par
(c) They carry rights to a fixed non cumulative preferential dividend at the rate of 7.5% per annum in priority to dividends on other shares.
(d) They have equal voting rights to all other shares
(e) They have priority over ordinary shares to repayment of capital in the event of a winding up but rank pari passu for the distribution of any excess assets.