Abbreviated Company Accounts - REDSUN WREXHAM LIMITED

Abbreviated Company Accounts - REDSUN WREXHAM LIMITED


Registered Number 08025550

REDSUN WREXHAM LIMITED

Abbreviated Accounts

30 June 2014

REDSUN WREXHAM LIMITED Registered Number 08025550

Abbreviated Balance Sheet as at 30 June 2014

Notes 30/06/2014 30/04/2013
£ £
Fixed assets
Tangible assets 2 294,789 -
294,789 -
Current assets
Cash at bank and in hand 430 1
430 1
Creditors: amounts falling due within one year (295,218) -
Net current assets (liabilities) (294,788) 1
Total assets less current liabilities 1 1
Total net assets (liabilities) 1 1
Capital and reserves
Called up share capital 3 1 1
Shareholders' funds 1 1
  • For the year ending 30 June 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 March 2015

And signed on their behalf by:
Craig Booton, Director

REDSUN WREXHAM LIMITED Registered Number 08025550

Notes to the Abbreviated Accounts for the period ended 30 June 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.

Tangible assets depreciation policy
Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

2Tangible fixed assets
£
Cost
At 1 May 2013 -
Additions 294,789
Disposals -
Revaluations -
Transfers -
At 30 June 2014 294,789
Depreciation
At 1 May 2013 -
Charge for the year -
On disposals -
At 30 June 2014 -
Net book values
At 30 June 2014 294,789
At 30 April 2013 -
3Called Up Share Capital
Allotted, called up and fully paid:
30/06/2014
£
30/04/2013
£
1 Ordinary shares of £1 each 1 1

The company's immediate and ultimate parent company is Redsun H Limited. The ultimate controlling party is Mr C Booton by virtue of his interest in Redsun H Limited.