RIFT Research & Development Limited


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Registered number: 08992161
RIFT Research & Development Limited
Abbreviated accounts
For the Period 1 May 2015 to 31 December 2015
Rift Ltd

Abbreviated Balance Sheet
Period to 31 December 2015 30 April 2015
Notes £ £ £ £
CURRENT ASSETS
Debtors 419,683 379,555
Cash at bank and in hand 29,820 4,666
449,503 384,221
Creditors: Amounts Falling Due Within One Year (444,054) (380,674)
NET CURRENT ASSETS (LIABILITIES) 5,449 3,547
TOTAL ASSETS LESS CURRENT LIABILITIES 5,449 3,547
NET ASSETS 5,449 3,547
CAPITAL AND RESERVES
Called up share capital 2 100 100
Profit and Loss Account 5,349 3,447
SHAREHOLDERS' FUNDS 5,449 3,547
For the period ending 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
Mr Dermot Kennedy
30/09/2016
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Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Share Capital
Value Number Period to 31 December 2015 30 April 2015
Allotted, called up and fully paid £ £ £
Ordinary shares 1.000 100 100 100
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