REGISTERED NUMBER: 05615649 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Rapid Globe Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

W Jokhia

REGISTERED OFFICE:

3rd Floor

Scottish Mutual House

27-29 North Street

Hornchurch

Essex

RM11 1RS

REGISTERED NUMBER:

05615649 (England and Wales)

ACCOUNTANTS:

Bruce Allen LLP

Chartered Certified Accountants

3rd Floor

Scottish Mutual House

27-29 North Street

Hornchurch

Essex

RM11 1RS

FIXED ASSETS

Tangible assets

2

1,985

2,133

CURRENT ASSETS

Debtors

5,714

23,392

Cash at bank

11,123

3,577

16,837

26,969

CREDITORS

Amounts falling due within one year

16,948

20,325

NET CURRENT (LIABILITIES)/ASSETS

(111

)

6,644

TOTAL ASSETS LESS CURRENT LIABILITIES

1,874

8,777

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

1,872

8,775

SHAREHOLDERS' FUNDS

1,874

8,777

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 September 2016 and were signed by:

W Jokhia - Director

1.	ACCOUNTING POLICIES

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).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

5,710

Additions

514

At 31 March 2016

6,224

DEPRECIATION

At 1 April 2015

3,577

Charge for year

662

At 31 March 2016

4,239

NET BOOK VALUE

At 31 March 2016

1,985

At 31 March 2015

2,133

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

2

Ordinary

1

2

2