Redlands Commercial Limited - Period Ending 2015-10-31

Registration number: 08255133

Redlands Commercial Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2015
 

Critchleys LLP
Chartered Accountants
Greyfriars Court
Paradise Square
Oxford
OX1 1BE

Redlands Commercial Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Redlands Commercial Limited - Registration number: 08255133
Balance Sheet as at 31 October 2015

		Note			2015						2014
	£			£			£			£
Current assets
Debtors								1,179						14,855
Cash at bank and in hand								67,129						10,788
								68,308						25,643
Creditors: Amounts falling due within one year								(16,505)						(7,646)
Net assets								51,803						17,997
Capital and reserves
Called up share capital		2			1						1
Profit and loss account					51,802						17,996
Shareholders' funds								51,803						17,997

For the year ending 31 October 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 July 2016 and signed on its behalf by:

.........................................
Mrs V J Preston
Director

.........................................
Mr T M Preston
Director

The notes on page 2 form an integral part of these financial statements.
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Redlands Commercial Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £0.01 each		100			1			100			1

3

Control

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

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