Abbreviated Company Accounts - REVENUE CAPTURE LIMITED

REVENUE CAPTURE LIMITED - Company Information

Registered Number 06659572

REVENUE CAPTURE LIMITED

Abbreviated Accounts

31 July 2015

REVENUE CAPTURE LIMITED Registered Number 06659572

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	10,840	12,598
		10,840	12,598
Current assets
Debtors		17,427	24,970
Cash at bank and in hand		254,269	193,422
		271,696	218,392
Creditors: amounts falling due within one year		(38,292)	(36,980)
Net current assets (liabilities)		233,404	181,412
Total assets less current liabilities		244,244	194,010
Total net assets (liabilities)		244,244	194,010
Capital and reserves
Called up share capital		100	100
Profit and loss account		244,144	193,910
Shareholders' funds		244,244	194,010

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 21 January 2016

And signed on their behalf by:
C Baker, Director

REVENUE CAPTURE LIMITED Registered Number 06659572

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 15% Straight Line
Equipment - 20% Straight Line

2Tangible fixed assets

	£
Cost
At 1 August 2014	26,556
Additions	2,335
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	28,891
Depreciation
At 1 August 2014	13,958
Charge for the year	4,093
On disposals	-
At 31 July 2015	18,051
Net book values
At 31 July 2015	10,840
At 31 July 2014	12,598