Communications Chambers RK Ltd - Period Ending 2014-12-31

COMMUNICATIONS CHAMBERS RK LTD - Company Information

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Registration number: 07462272

Communications Chambers RK Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2014

Rightsum Accounting
Chartered Management Accountants
7 Fairway Close
Harpenden
Hertfordshire
AL5 2NN

Communications Chambers RK Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Communications Chambers RK Ltd
for the Year Ended 31 December 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Communications Chambers RK Ltd for the year ended 31 December 2014 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Communications Chambers RK Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Communications Chambers RK Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Communications Chambers RK Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Communications Chambers RK Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Communications Chambers RK Ltd. You consider that Communications Chambers RK Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out a review of the accounts of Communications Chambers RK Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Rightsum Accounting
Chartered Management Accountants
7 Fairway Close
Harpenden
Hertfordshire
AL5 2NN

19 May 2015

Page 1

Communications Chambers RK Ltd
(Registration number: 07462272)
Abbreviated Balance Sheet at 31 December 2014

	Note	2014 £	2013 £
Fixed assets
Tangible fixed assets		657	-
Current assets
Debtors		41,600	20,950
Cash at bank and in hand		161,329	83,598
		202,929	104,548
Creditors: Amounts falling due within one year		(118,686)	(100,632)
Net current assets		84,243	3,916
Net assets		84,900	3,916
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		84,890	3,906
Shareholders' funds		84,900	3,916

For the year ending 31 December 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 19 May 2015 and signed on its behalf by:

.........................................
Mr Robert Kenny
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Communications Chambers RK Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Asset class	Depreciation method and rate
Computer equipment	33 1/3% straight line

Long term contracts

Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of the work done after provisions for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments received on account.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Pensions

The company operates a defined contribution scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

Page 3

Communications Chambers RK Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 January 2014	1,142	1,142
Additions	985	985
At 31 December 2014	2,127	2,127
Depreciation
At 1 January 2014	1,142	1,142
Charge for the year	328	328
At 31 December 2014	1,470	1,470
Net book value
At 31 December 2014	657	657
At 31 December 2013	-	-

3	Share capital

Allotted, called up and fully paid shares

	2014			2013
		No.	£		No.	£
Ordinary shares of £0.01 each		1,000	10		1,000	10

Page 4