REGISTERED NUMBER: 04210024 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2016

FOR

ROCKET RENTALS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S J Tomblin

REGISTERED OFFICE:

Area 51

Field Lane

Lower Cam

Dursley

Gloucestershire

GL11 5HU

REGISTERED NUMBER:

04210024 (England and Wales)

ACCOUNTANTS:

Shiner Mitchell Fisher & Co Ltd

Smith House

George Street

Nailsworth

Stroud

Gloucestershire

GL6 0AG

FIXED ASSETS

Tangible assets

2

2,722,774

976,748

CURRENT ASSETS

Debtors

1,297,463

1,202,130

Cash at bank and in hand

521,291

442,812

1,818,754

1,644,942

CREDITORS

Amounts falling due within one year

3

1,013,412

352,878

NET CURRENT ASSETS

805,342

1,292,064

TOTAL ASSETS LESS CURRENT LIABILITIES

3,528,116

2,268,812

CREDITORS

Amounts falling due after more than one year

3

(1,624,133

)

(574,932

)

PROVISIONS FOR LIABILITIES

(129,738

)

(93,406

)

NET ASSETS

1,774,245

1,600,474

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

1,774,145

1,600,374

SHAREHOLDERS' FUNDS

1,774,245

1,600,474

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 15 November 2016 and were signed by:

S J Tomblin - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost and 15% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are

depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

2,369,544

Additions

2,499,220

Disposals

(213,801

)

At 30 June 2016

4,654,963

DEPRECIATION

At 1 July 2015

1,392,796

Charge for year

719,605

Eliminated on disposal

(180,212

)

At 30 June 2016

1,932,189

NET BOOK VALUE

At 30 June 2016

2,722,774

At 30 June 2015

976,748

3.

CREDITORS

Creditors include an amount of £ 2,333,250 (30.6.15 - £ 795,111 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

100

Ordinary

£1

100

100

5.	RELATED PARTY DISCLOSURES