Abbreviated Company Accounts - RIED LIMITED

Abbreviated Company Accounts - RIED LIMITED


Registered Number 08048109

RIED LIMITED

Abbreviated Accounts

30 April 2014

RIED LIMITED Registered Number 08048109

Abbreviated Balance Sheet as at 30 April 2014

Notes 2014 2013
£ £
Creditors: amounts falling due within one year (901) (588)
Net current assets (liabilities) (901) (588)
Total assets less current liabilities (901) (588)
Total net assets (liabilities) (901) (588)
Capital and reserves
Called up share capital 2 2 2
Profit and loss account (903) (590)
Shareholders' funds (901) (588)
  • For the year ending 30 April 2014 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 13 January 2015

And signed on their behalf by:
Prof S Oliver, Director

RIED LIMITED Registered Number 08048109

Notes to the Abbreviated Accounts for the period ended 30 April 2014

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.

Other accounting policies
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Deferred tax assets are recognised only to the extent that the directors consider it more likely than not that they will be recovered. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods when timing differences reverse.

Financial instruments
Financial instruments are classified and accounted for according to the substance of the contractual arrangement as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each 2 2