Abbreviated Company Accounts - R FUTURE TRADING LIMITED

Abbreviated Company Accounts - R FUTURE TRADING LIMITED

R FUTURE TRADING LIMITED - Company Information

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Registered Number 08113649

R FUTURE TRADING LIMITED

Abbreviated Accounts

30 June 2014

R FUTURE TRADING LIMITED Registered Number 08113649

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,800 3,500
2,800 3,500
Current assets
Cash at bank and in hand 2,771 3,323
2,771 3,323
Creditors: amounts falling due within one year (15,700) (17,300)
Net current assets (liabilities) (12,929) (13,977)
Total assets less current liabilities (10,129) (10,477)
Total net assets (liabilities) (10,129) (10,477)
Capital and reserves
Called up share capital 1 1
Profit and loss account (10,130) (10,478)
Shareholders' funds (10,129) (10,477)
  • 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 31 March 2015

And signed on their behalf by:
KASH JAVED, Director

R FUTURE TRADING LIMITED Registered Number 08113649

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.

Turnover policy
Turnover represents net invoiced sales of goods and services excluding vat

Tangible assets depreciation policy
Goodwill acquired is amortised at rates calculated to write off an asset on a straight line basis over its estimated useful economic life

2Tangible fixed assets
£
Cost
At 1 July 2013 3,500
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2014 3,500
Depreciation
At 1 July 2013 -
Charge for the year 700
On disposals -
At 30 June 2014 700
Net book values
At 30 June 2014 2,800
At 30 June 2013 3,500

Goodwill acquired is amortised at rates calculated to write off an asset on a straight line basis over its estimated useful economic life