Abbreviated Company Accounts - RAREBREED LIMITED

06436588 RAREBREED LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 06436588 2015-04-01 2016-03-31 06436588 2016-03-31 06436588 2015-03-31 06436588 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06436588 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 06436588

RAREBREED LIMITED

Abbreviated Accounts

31 March 2016

RAREBREED LIMITED Registered Number 06436588

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,125	4,040
		1,125	4,040
Current assets
Debtors		63,731	40,021
Cash at bank and in hand		24,624	15,529
		88,355	55,550
Creditors: amounts falling due within one year		(61,053)	(37,532)
Net current assets (liabilities)		27,302	18,018
Total assets less current liabilities		28,427	22,058
Total net assets (liabilities)		28,427	22,058
Capital and reserves
Called up share capital	3	2,000	2,000
Profit and loss account		26,427	20,058
Shareholders' funds		28,427	22,058

For the year ending 31 March 2016 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 20 December 2016

And signed on their behalf by:
A Barton, Director

RAREBREED LIMITED Registered Number 06436588

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 33.33% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2015	49,768
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	49,768
Depreciation
At 1 April 2015	45,728
Charge for the year	2,915
On disposals	-
At 31 March 2016	48,643
Net book values
At 31 March 2016	1,125
At 31 March 2015	4,040

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2,000 Ordinary shares of £1 each	2,000	2,000