Reco-Air Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08277377 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH NOVEMBER 2014

FOR

RECO-AIR LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Miss C Dickens

Mr N Dickens

Mr D Tidd

Mr S Greene

Mr A Glaser

Mr B Cooper

REGISTERED OFFICE:

Avenfield House

118-127 Park Lane

London

W1K 7AG

REGISTERED NUMBER:

08277377 (England and Wales)

ACCOUNTANTS:

Guy & Co Chartered Certified Accountants

12 Johnson Street

Woodcross

Coseley

West Midlands

WV14 9RL

FIXED ASSETS

Tangible assets

2

820

-

CURRENT ASSETS

Stocks

9,380

11,130

Debtors

34,487

10,000

Cash at bank and in hand

69,705

23,150

113,572

44,280

CREDITORS

Amounts falling due within one year

52,343

26,188

NET CURRENT ASSETS

61,229

18,092

TOTAL ASSETS LESS CURRENT LIABILITIES

62,049

18,092

CAPITAL AND RESERVES

Called up share capital

3

600

100

Profit and loss account

61,449

17,992

SHAREHOLDERS' FUNDS

62,049

18,092

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

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

The directors acknowledge their 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 Board of Directors on 5th August 2015 and were signed on its behalf by:

Miss C Dickens - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

820

At 30th November 2014

820

NET BOOK VALUE

At 30th November 2014

820

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

600

Ordinary

1

600

100

500 Ordinary shares of 1 each were allotted and fully paid for cash at par during the year.