Roobs UK Limited - Abbreviated accounts

Roobs UK Limited - Abbreviated accounts


Company Registration Number
05110372
Roobs UK Limited
Abbreviated Accounts
31 May 2016
Roobs UK Limited
Registered number: 05110372
Abbreviated Balance Sheet
as at 31 May 2016
Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 36,173 42,557
Current assets
Stocks 34,619 41,662
Debtors 4,524 4,524
Cash at bank and in hand 12,217 8,539
51,360 54,725
Creditors: amounts falling due within one year (377,516) (278,785)
Net current liabilities (326,156) (224,060)
Net liabilities (289,983) (181,503)
Capital and reserves
Called up share capital 3 2 2
Profit and loss account (289,985) (181,505)
Shareholder's funds (289,983) (181,503)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Ms Ruby Arulanantham
Director
Approved by the board on 20 January 2017
Roobs UK Limited
Notes to the Abbreviated Accounts
for the year ended 31 May 2016
1 Accounting policies
Basis of preparation
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
Turnover represents the amount receivable for goods sold and commissions received net of VAT and discounts.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery etc 15% per annum reducing balance
Office improvement 15% per annum reducing balance
Motor vehicles 25% per annum reducing balance
Stocks
Stock is valued at the lower of cost and net realisable value.
2 Tangible fixed assets
Plant and machinery etc...
£
Cost
At 1 June 2015 191,753
At 31 May 2016 191,753
Depreciation
At 1 June 2015 149,196
Charge for the year 6,384
At 31 May 2016 155,580
Net book value
At 31 May 2016 36,173
At 31 May 2015 42,557
3 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 2 2 2
Roobs UK Limited05110372falsetrue2015-06-012016-05-312016-05-31Ms Ruby Arulanantham05110372uk-bus:OrdinaryShareClass12015-05-31051103722015-06-012016-05-3105110372uk-bus:Director402015-06-012016-05-3105110372uk-gaap:PlantMachinery2015-06-012016-05-3105110372uk-gaap:MotorVehicles2015-06-012016-05-3105110372uk-bus:OrdinaryShareClass12015-06-012016-05-31051103722016-05-3105110372uk-bus:OrdinaryShareClass12016-05-31051103722015-05-31iso4217:GBPxbrli:shares