Rhodeswell UK Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05923784 (England and Wales)

RHODESWELL UK LIMITED

ABBREVIATED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J A Hills

J A Hills

SECRETARY:

J A Hills

REGISTERED OFFICE:

82-84 Rhodeswell Road

London

E14 7TL

REGISTERED NUMBER:

05923784 (England and Wales)

ACCOUNTANTS:

Perrys Accountants Limited

Chartered Accountants

34 Threadneedle Street

London

EC2R 8AY

FIXED ASSETS

Tangible assets

2

690

1,030

CURRENT ASSETS

Debtors

1,377

1,388

Cash at bank

1,542

1,646

2,919

3,034

CREDITORS

Amounts falling due within one year

15,153

13,499

NET CURRENT LIABILITIES

(12,234

)

(10,465

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,544

)

(9,435

)

CAPITAL AND RESERVES

Called up share capital

3

6

6

Profit and loss account

(11,550

)

(9,441

)

SHAREHOLDERS' FUNDS

(11,544

)

(9,435

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 15 September 2016 and were signed on its behalf by:

J A Hills - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2015

and 28 February 2016

2,165

DEPRECIATION

At 1 March 2015

1,135

Charge for year

340

At 28 February 2016

1,475

NET BOOK VALUE

At 28 February 2016

690

At 28 February 2015

1,030

3.	CALLED UP SHARE CAPITAL

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES