Abbreviated Company Accounts - RUNWAY TRADING LTD
Abbreviated Company Accounts - RUNWAY TRADING LTD
Registered Number 07323279
RUNWAY TRADING LTD
Abbreviated Accounts
31 July 2014
RUNWAY TRADING LTD Registered Number 07323279
Abbreviated Balance Sheet as at 31 July 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 2 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
For the year ending 31 July 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
And signed on their behalf by:
RUNWAY TRADING LTD Registered Number 07323279
Notes to the Abbreviated Accounts for the period ended 31 July 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Other accounting policies
As reflected within these financial statements, the company has reported a trading loss of £1,444 (2013: £44,245 loss) and has an an accumulated loss of £69,710 (2013: £67,141).
Assuming the continuing support of the company's Director and connected companies, it is the Directors' view that the company will continue in operational existence in the foreseeable future and will be able to meet its liabilities as they fall due. Consequently, the financial statements have been prepared on the going concern basis.