Abbreviated Company Accounts - RAINBOW (UK) LIMITED

RAINBOW (UK) LIMITED - Company Information

07800023 RAINBOW (UK) LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 07800023 2014-11-01 2015-10-31 07800023 2015-10-31 07800023 2014-10-31 07800023 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 07800023 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 07800023

RAINBOW (UK) LIMITED

Abbreviated Accounts

31 October 2015

RAINBOW (UK) LIMITED Registered Number 07800023

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,802	2,252
Investments	3	15,100	15,100
		16,902	17,352
Current assets
Stocks		15,000	27,227
Debtors		206,983	232,376
Cash at bank and in hand		6,516	6,232
		228,499	265,835
Creditors: amounts falling due within one year		(78,891)	(102,191)
Net current assets (liabilities)		149,608	163,644
Total assets less current liabilities		166,510	180,996
Total net assets (liabilities)		166,510	180,996
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		166,410	180,896
Shareholders' funds		166,510	180,996

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 their behalf by:
A Dean, Director

RAINBOW (UK) LIMITED Registered Number 07800023

Notes to the Abbreviated Accounts for the period ended 31 October 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 represent the total invoice value of sales made during the year.

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

Fixtures, fittings & equipment - 15% reducing balance basis
Motor vehicles - 25% reducing balance basis

Valuation information and policy
Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax balances are not discounted.

Other accounting policies
Fixed asset investments are stated at cost less provision for permanent diminution in value.

2Tangible fixed assets

	£
Cost
At 1 November 2014	3,554
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	3,554
Depreciation
At 1 November 2014	1,302
Charge for the year	450
On disposals	-
At 31 October 2015	1,752
Net book values
At 31 October 2015	1,802
At 31 October 2014	2,252

3Fixed assets Investments
Investment at cost - £15100

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100