Abbreviated Company Accounts - REACT 24 SEVEN LIMITED

REACT 24 SEVEN LIMITED - Company Information

04770537 REACT 24 SEVEN LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 04770537 2014-05-01 2015-04-30 04770537 2015-04-30 04770537 2014-04-30 04770537 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 04770537 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number 04770537

REACT 24 SEVEN LIMITED

Abbreviated Accounts

30 April 2015

REACT 24 SEVEN LIMITED Registered Number 04770537

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	15,315	16,557
		15,315	16,557
Current assets
Debtors		27,207	10,688
Investments		6,000	9,000
Cash at bank and in hand		54,501	47,635
		87,708	67,323
Creditors: amounts falling due within one year		(20,283)	(19,243)
Net current assets (liabilities)		67,425	48,080
Total assets less current liabilities		82,740	64,637
Total net assets (liabilities)		82,740	64,637
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		82,739	64,636
Shareholders' funds		82,740	64,637

For the year ending 30 April 2015 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 9 July 2015

And signed on their behalf by:
L McAlpine, Director

REACT 24 SEVEN LIMITED Registered Number 04770537

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents amounts receivable for services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold 10% straight line
Computer Equipment 25% straight line
Fixtures, fittings and equipment 25% straight line

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Investments
Current asset investments are stated at the lower of cost and net realisable value

Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Tangible fixed assets

	£
Cost
At 1 May 2014	21,203
Additions	1,062
Disposals	(3,215)
Revaluations	-
Transfers	-
At 30 April 2015	19,050
Depreciation
At 1 May 2014	4,646
Charge for the year	2,304
On disposals	(3,215)
At 30 April 2015	3,735
Net book values
At 30 April 2015	15,315
At 30 April 2014	16,557

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1