Abbreviated Company Accounts - RIALTO TEXTILES LIMITED

RIALTO TEXTILES LIMITED - Company Information

02673418 RIALTO TEXTILES LIMITED 2013-12-30 false 2013-01-01 2013-12-30 true 02673418 2013-01-01 2013-12-30 02673418 2013-12-30 02673418 2012-12-31 02673418 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-30 02673418 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 02673418

RIALTO TEXTILES LIMITED

Abbreviated Accounts

30 December 2013

RIALTO TEXTILES LIMITED Registered Number 02673418

Abbreviated Balance Sheet as at 30 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	498	586
		498	586
Current assets
Stocks		3,250	3,500
Debtors		23,016	19,022
Cash at bank and in hand		11,255	5,914
		37,521	28,436
Creditors: amounts falling due within one year		(46,271)	(34,808)
Net current assets (liabilities)		(8,750)	(6,372)
Total assets less current liabilities		(8,252)	(5,786)
Total net assets (liabilities)		(8,252)	(5,786)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(8,352)	(5,886)
Shareholders' funds		(8,252)	(5,786)

For the year ending 30 December 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 December 2014

And signed on their behalf by:
Chaim Fulda, Director

RIALTO TEXTILES LIMITED Registered Number 02673418

Notes to the Abbreviated Accounts for the period ended 30 December 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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows: Fixtures, fittings and equipment 15% reducing balance.

Other accounting policies
Revenue recognition - Revenue is recognized on the dispatch of goods.

2Tangible fixed assets

	£
Cost
At 1 January 2013	2,974
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 December 2013	2,974
Depreciation
At 1 January 2013	2,388
Charge for the year	88
On disposals	-
At 30 December 2013	2,476
Net book values
At 30 December 2013	498
At 31 December 2012	586

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100