Roombid Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08702235 (England and Wales)

Abbreviated Unaudited Accounts

for the Period

23 September 2013 to 30 September 2014

for

Roombid Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R J Murphy

REGISTERED OFFICE:

215 Tyburn Road

Erdington

Birmingham

West Midlands

B24 8NB

REGISTERED NUMBER:

08702235 (England and Wales)

ACCOUNTANTS:

Locke Williams Associates LLP

Chartered Accountants

Blackthorn House

St Pauls Square

Birmingham

West Midlands

B3 1RL

FIXED ASSETS

Intangible assets

2

18,452

CREDITORS

Amounts falling due within one year

19,051

NET CURRENT LIABILITIES

(19,051

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(599

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(600

)

SHAREHOLDERS' FUNDS

(599

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 18 June 2015 and were signed by:

R J Murphy - Director

1.	ACCOUNTING POLICIES

Accounting convention

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).

Development costs

Development expenditure is charged to the profit and loss account in the year incurred unless it meets

the SSAP 13 recognition criteria for capitalisation, there being a clearly defined project, which is both

commercially viable and technically feasible and that future project income is expected to outweigh

cost, with there being resources available to complete the project.

When these recognition criteria are met, the development expenditure is capitalised as an intangible

asset.

Amortisation of these development costs, over the periods expected to benefit from them will begin

only once the developed product or service comes into use.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

18,452

At 30 September 2014

18,452

NET BOOK VALUE

At 30 September 2014

18,452

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was issued during the period for cash of £ 1 .