Abbreviated Company Accounts - RUNPATH DIGITAL LIMITED

Abbreviated Company Accounts - RUNPATH DIGITAL LIMITED


Registered Number 07406032

RUNPATH DIGITAL LIMITED

Abbreviated Accounts

31 March 2014

RUNPATH DIGITAL LIMITED Registered Number 07406032

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Current assets
Debtors 4,291,866 2,754,747
Cash at bank and in hand 727,207 521,772
5,019,073 3,276,519
Creditors: amounts falling due within one year (4,223,543) (1,981,697)
Net current assets (liabilities) 795,530 1,294,822
Total assets less current liabilities 795,530 1,294,822
Total net assets (liabilities) 795,530 1,294,822
Capital and reserves
Called up share capital 2 2 2
Profit and loss account 795,528 1,294,820
Shareholders' funds 795,530 1,294,822
  • For the year ending 31 March 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 4 February 2015

And signed on their behalf by:
Saul Devine, Director

RUNPATH DIGITAL LIMITED Registered Number 07406032

Notes to the Abbreviated Accounts for the period ended 31 March 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
Taxation
The payment of taxation is deferred or accelerated because of timing differences between the treatment of certain items for accounting and taxation purposes. Full provision for deferred taxation is made under the liability method, without discounting, on all timing differences that have arisen, but not reversed by the balance sheet date, unless such provision is not permitted by Financial Reporting Standard 19.

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