Abbreviated Company Accounts - RECURSION DESIGN LIMITED

RECURSION DESIGN LIMITED - Company Information

08782295 RECURSION DESIGN LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 08782295 2015-04-01 2016-03-31 08782295 2016-03-31 08782295 2015-03-31 08782295 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08782295 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 08782295

RECURSION DESIGN LIMITED

Abbreviated Accounts

31 March 2016

RECURSION DESIGN LIMITED Registered Number 08782295

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	10,732	12,209
Investments	3	50,000	-
		60,732	12,209
Current assets
Debtors		84,222	20,975
Cash at bank and in hand		4,712	6,549
		88,934	27,524
Creditors: amounts falling due within one year		(137,340)	(48,803)
Net current assets (liabilities)		(48,406)	(21,279)
Total assets less current liabilities		12,326	(9,070)
Total net assets (liabilities)		12,326	(9,070)
Capital and reserves
Called up share capital	4	2	1
Profit and loss account		12,324	(9,071)
Shareholders' funds		12,326	(9,070)

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 29 December 2016

And signed on their behalf by:
Ms E Tweedale, Director

RECURSION DESIGN LIMITED Registered Number 08782295

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

1Accounting Policies

Basis of measurement and preparation of accounts
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).

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

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

Plant and machinery 25% straight line
Fixtures and fittings 25% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2015	14,215
Additions	2,347
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	16,562
Depreciation
At 1 April 2015	2,006
Charge for the year	3,824
On disposals	-
At 31 March 2016	5,830
Net book values
At 31 March 2016	10,732
At 31 March 2015	12,209

3Fixed assets Investments
Investments Other than loans

Additions £50,000
At 31 March 2016 £50,000

Net book value
At 31 March 2016 £50,000

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

	2016 £	2015 £
2 Ordinary shares of £1 each (1 shares for 2015)	2	1

1 Ordinary share of 1 was allotted and fully paid for cash at par during the year.