Abbreviated Company Accounts - RAGING PICTURES LTD

08081710 RAGING PICTURES LTD 2014-08-31 false 2013-09-01 2014-08-31 true 08081710 2013-09-01 2014-08-31 08081710 2014-08-31 08081710 2013-08-31 08081710 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 08081710 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 08081710

RAGING PICTURES LTD

Abbreviated Accounts

31 August 2014

RAGING PICTURES LTD Registered Number 08081710

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	8,216	12,324
		8,216	12,324
Current assets
Debtors	3	10,442	10,441
Cash at bank and in hand		387	7,231
		10,829	17,672
Creditors: amounts falling due within one year	4	(45)	(224)
Net current assets (liabilities)		10,784	17,448
Total assets less current liabilities		19,000	29,772
Creditors: amounts falling due after more than one year	4	(701,083)	(638,653)
Total net assets (liabilities)		(682,083)	(608,881)
Capital and reserves
Called up share capital	5	120	120
Profit and loss account		(682,203)	(609,001)
Shareholders' funds		(682,083)	(608,881)

For the year ending 31 August 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 30 November 2014

And signed on their behalf by:
Ronald Russell, Director

RAGING PICTURES LTD Registered Number 08081710

Notes to the Abbreviated Accounts for the period ended 31 August 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.

Turnover policy
Turnover represents the value net of tax

Tangible assets depreciation policy
Plant and machinery 20% straight line

Intangible assets amortisation policy
n/a

Valuation information and policy
n/a

Other accounting policies
none

2Tangible fixed assets

	£
Cost
At 1 September 2013	16,432
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	16,432
Depreciation
At 1 September 2013	4,108
Charge for the year	4,108
On disposals	-
At 31 August 2014	8,216
Net book values
At 31 August 2014	8,216
At 31 August 2013	12,324

3Debtors

	2014 £	2013 £
Debtors include the following amounts due after more than one year	10,442	10,441

4Creditors

	2014 £	2013 £
Secured Debts	701,083	638,653

5Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
120 Deferred shares of £1 each	120	120