Abbreviated Company Accounts - REGENT RS LIMITED

05376944 REGENT RS LIMITED 2015-07-31 false 2014-08-01 2015-07-31 true 05376944 2014-08-01 2015-07-31 05376944 2015-07-31 05376944 2014-07-31 05376944 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 05376944 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 iso4217:GBP shares

Registered Number 05376944

REGENT RS LIMITED

Abbreviated Accounts

31 July 2015

REGENT RS LIMITED Registered Number 05376944

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	22,600	-
		22,600	-
Current assets
Stocks		392,000	392,000
Debtors		70,202	98,672
Cash at bank and in hand		57,489	56,098
		519,691	546,770
Creditors: amounts falling due within one year		(469,400)	(489,385)
Net current assets (liabilities)		50,291	57,385
Total assets less current liabilities		72,891	57,385
Total net assets (liabilities)		72,891	57,385
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		72,890	57,384
Shareholders' funds		72,891	57,385

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 28 April 2016

And signed on their behalf by:
K. Genko, Director

REGENT RS LIMITED Registered Number 05376944

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

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The financial statements are prepared under the historical cost convention.

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery 20% reducing balance basis

Other accounting policies
Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Stock and work in progress

Stock and work in progress are valued at the lower of cost and net realisable value.

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets

	£
Cost
At 1 August 2014	-
Additions	26,000
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	26,000
Depreciation
At 1 August 2014	-
Charge for the year	3,400
On disposals	-
At 31 July 2015	3,400
Net book values
At 31 July 2015	22,600
At 31 July 2014	-

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

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