Abbreviated Company Accounts - RED VIRTUAL OFFICE LTD.

RED VIRTUAL OFFICE LTD. - Company Information

05546248 RED VIRTUAL OFFICE LTD. 2013-10-31 false 2012-11-01 2013-10-31 true 05546248 2012-11-01 2013-10-31 05546248 2013-10-31 05546248 2012-10-31 05546248 uk-gaap-cd-bus:Director1 2012-11-01 2013-10-31 05546248 uk-gaap-cd-bus:Director2 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number 05546248

RED VIRTUAL OFFICE LTD.

Abbreviated Accounts

31 October 2013

RED VIRTUAL OFFICE LTD. Registered Number 05546248

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	12,048	12,757
		12,048	12,757
Current assets
Debtors		19,900	4,311
Cash at bank and in hand		9,924	6,427
		29,824	10,738
Creditors: amounts falling due within one year		(33,925)	(27,357)
Net current assets (liabilities)		(4,101)	(16,619)
Total assets less current liabilities		7,947	(3,862)
Creditors: amounts falling due after more than one year		(2,209)	(5,451)
Total net assets (liabilities)		5,738	(9,313)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		5,736	(9,315)
Shareholders' funds		5,738	(9,313)

For the year ending 31 October 2013 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 July 2014

And signed on their behalf by:
Denis Thurley, Director

RED VIRTUAL OFFICE LTD. Registered Number 05546248

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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 April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year
and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 15-25% reducing balance
Motor vehicles - 25% reducing balance

Valuation information and policy
Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

2Tangible fixed assets

	£
Cost
At 1 November 2012	36,914
Additions	2,264
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	39,178
Depreciation
At 1 November 2012	24,157
Charge for the year	2,973
On disposals	-
At 31 October 2013	27,130
Net book values
At 31 October 2013	12,048
At 31 October 2012	12,757

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

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2