Rewired PR Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06593082 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2014

for

Rewired PR Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs R S Pipkin

Mrs R E H Williams

REGISTERED OFFICE:

7 Frederick Street

Birmingham

West Midlands

B1 3HE

REGISTERED NUMBER:

06593082 (England and Wales)

FIXED ASSETS

Tangible assets

2

2,584

4,367

Investments

3

101,207

112,452

103,791

116,819

CURRENT ASSETS

Debtors

89,570

54,978

Cash at bank and in hand

1,211

151

90,781

55,129

CREDITORS

Amounts falling due within one year

134,250

149,556

NET CURRENT LIABILITIES

(43,469

)

(94,427

)

TOTAL ASSETS LESS CURRENT LIABILITIES

60,322

22,392

CREDITORS

Amounts falling due after more than one year

53,260

22,222

NET ASSETS

7,062

170

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

6,962

70

SHAREHOLDERS' FUNDS

7,062

170

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 22 November 2014 and were signed on its behalf by:

Mrs R S Pipkin - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the going concern basis, the validity of which depends upon the

ability of the company to meet its obligations as they fall due. The company has net current liabilities of

£43,469 at the 31 May 2014. The directors' continue to take steps to improve the turnover and profitability of

the company. They believe the financial support of its creditors will continue to be available for the foreseeable

future. The financial statements do not include any adjustments that would result from a withdrawal of this

support.

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).

Preparation of consolidated financial statements

The financial statements contain information about Rewired PR Limited as an individual company and do not

contain consolidated financial information as the parent of a group. The company has taken the option under

Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related

Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

Investment

The investment in subsidiary is shown at cost including professional fees and stamp duty.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

25,326

Additions

4,860

At 31 May 2014

30,186

DEPRECIATION

At 1 June 2013

20,959

Charge for year

6,643

At 31 May 2014

27,602

NET BOOK VALUE

At 31 May 2014

2,584

At 31 May 2013

4,367

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 June 2013

and 31 May 2014

112,452

PROVISIONS

Charge for year

11,245

At 31 May 2014

11,245

NET BOOK VALUE

At 31 May 2014

101,207

At 31 May 2013

112,452

The company's investments at the balance sheet date in the share capital of companies include the following:

Lois Burley Public Relations Limited

Nature of business: Public Relations

%

Class of shares:

holding

Ordinary £1 Shares

100.00

31.5.14

31.5.13

£

£

Aggregate capital and reserves

1,000

1,368

Profit for the year

-

12,655

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

100

Ordinary shares

£1

100

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2014 and

31 May 2013:

31.5.14

31.5.13

£

£

Mrs R S Pipkin

Balance outstanding at start of year

3,910

1,911

Amounts advanced

-

20,199

Amounts repaid

(7,437

)

(18,200

)

Balance outstanding at end of year

(3,527

)

3,910