Abbreviated Company Accounts - RAD OPTICAL LIMITED

RAD OPTICAL LIMITED - Company Information

08021165 RAD OPTICAL LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 08021165 2013-05-01 2014-04-30 08021165 2014-04-30 08021165 2013-04-30 08021165 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 08021165 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 08021165

RAD OPTICAL LIMITED

Abbreviated Accounts

30 April 2014

RAD OPTICAL LIMITED Registered Number 08021165

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	6,000	8,000
Tangible assets	3	430	646
		6,430	8,646
Current assets
Debtors		1,000	2,626
Cash at bank and in hand		12,129	5,217
		13,129	7,843
Creditors: amounts falling due within one year		(19,266)	(16,322)
Net current assets (liabilities)		(6,137)	(8,479)
Total assets less current liabilities		293	167
Total net assets (liabilities)		293	167
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		292	166
Shareholders' funds		293	167

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 17 November 2014

And signed on their behalf by:
Mrs R Dattani, Director

RAD OPTICAL LIMITED Registered Number 08021165

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 25% straight line

Other accounting policies
The company was under the control of Mrs Dattani throughout the current year. Mrs Dattani is the managing director and majority shareholder.

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.

2Intangible fixed assets

	£
Cost
At 1 May 2013	10,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	10,000
Amortisation
At 1 May 2013	2,000
Charge for the year	2,000
On disposals	-
At 30 April 2014	4,000
Net book values
At 30 April 2014	6,000
At 30 April 2013	8,000

3Tangible fixed assets

	£
Cost
At 1 May 2013	861
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	861
Depreciation
At 1 May 2013	215
Charge for the year	216
On disposals	-
At 30 April 2014	431
Net book values
At 30 April 2014	430
At 30 April 2013	646

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1