Abbreviated Company Accounts - RANDOM GROUP LIMITED

RANDOM GROUP LIMITED - Company Information

01855355 RANDOM GROUP LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 01855355 2013-11-01 2014-10-31 01855355 2014-10-31 01855355 2013-10-31 01855355 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 01855355 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:Director3 2013-11-01 2014-10-31 uk-gaap-cd-bus:Director3 2014-10-31 uk-gaap-cd-bus:Director3 2013-10-31 iso4217:GBP shares

Registered Number 01855355

RANDOM GROUP LIMITED

Abbreviated Accounts

31 October 2014

RANDOM GROUP LIMITED Registered Number 01855355

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	67,421	76,561
Tangible assets	3	2,881	4,322
		70,302	80,883
Current assets
Stocks		21,754	250
Debtors		104,908	152,715
Cash at bank and in hand		955	3,504
		127,617	156,469
Creditors: amounts falling due within one year		(48,742)	(57,339)
Net current assets (liabilities)		78,875	99,130
Total assets less current liabilities		149,177	180,013
Total net assets (liabilities)		149,177	180,013
Capital and reserves
Called up share capital		50,000	50,000
Other reserves		5,000	5,000
Profit and loss account		94,177	125,013
Shareholders' funds		149,177	180,013

For the year ending 31 October 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 28 July 2015

And signed on their behalf by:
N M Hobden, Director

RANDOM GROUP LIMITED Registered Number 01855355

Notes to the Abbreviated Accounts for the period ended 31 October 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 fees receivable for management and technical services rendered and goods supplied, net of Value Added Tax and invoiced recognised on a monthly basis as and when the work performed is or goods supplied.

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

Plant and machinery - 25% on cost

Intangible assets amortisation policy
Amortisation is over its expected useful life of 8 years

2Intangible fixed assets

	£
Cost
At 1 November 2013	76,561
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	76,561
Amortisation
At 1 November 2013	-
Charge for the year	9,140
On disposals	-
At 31 October 2014	9,140
Net book values
At 31 October 2014	67,421
At 31 October 2013	76,561

3Tangible fixed assets

	£
Cost
At 1 November 2013	449,364
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	449,364
Depreciation
At 1 November 2013	445,042
Charge for the year	1,441
On disposals	-
At 31 October 2014	446,483
Net book values
At 31 October 2014	2,881
At 31 October 2013	4,322

4Transactions with directors

Name of director receiving advance or credit:	N M Hobden
Description of the transaction:	Directors current account
Balance at 1 November 2013:	£ 22,185
Advances or credits made:	-
Advances or credits repaid:	£ 4,310
Balance at 31 October 2014:	£ 17,875