Rapid Globe Limited - Limited company - abbreviated - 11.6

Rapid Globe Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 05615649(England and Wales)












Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Rapid Globe Limited

Rapid Globe Limited (Registered number: 05615649)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Rapid Globe Limited

Company Information
for the Year Ended 31 March 2016







DIRECTOR: W Jokhia





REGISTERED OFFICE: 3rd Floor
Scottish Mutual House
27-29 North Street
Hornchurch
Essex
RM11 1RS





REGISTERED NUMBER: 05615649(England and Wales)





ACCOUNTANTS: Bruce Allen LLP
Chartered Certified Accountants
3rd Floor
Scottish Mutual House
27-29 North Street
Hornchurch
Essex
RM11 1RS

Rapid Globe Limited (Registered number: 05615649)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,985 2,133

CURRENT ASSETS
Debtors 5,714 23,392
Cash at bank 11,123 3,577
16,837 26,969
CREDITORS
Amounts falling due within one year 16,948 20,325
NET CURRENT (LIABILITIES)/ASSETS (111 ) 6,644
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,874

8,777

CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and loss account 1,872 8,775
SHAREHOLDERS' FUNDS 1,874 8,777

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 September 2016and were signed by:




W Jokhia- Director


Rapid Globe Limited (Registered number: 05615649)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

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 April 2008).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

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 - 25% on reducing balance

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 5,710
Additions 514
At 31 March 2016 6,224
DEPRECIATION
At 1 April 2015 3,577
Charge for year 662
At 31 March 2016 4,239
NET BOOK VALUE
At 31 March 2016 1,985
At 31 March 2015 2,133

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
2 Ordinary 1 2 2