RED TECHNOLOGY SOLUTIONS LIMITED Accounts filed on 31-12-2014
RED TECHNOLOGY SOLUTIONS LIMITED Accounts filed on 31-12-2014
RED TECHNOLOGY SOLUTIONS LIMITED
Company Registration Number:
05970219 (England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01st January 2014
End date: 31st December 2014
SUBMITTED
RED TECHNOLOGY SOLUTIONS LIMITED
Company Information
for the Period Ended
31st December 2014
Director: |
|
|
Registered office: |
|
|
|
||
|
||
Witney | ||
|
||
Company Registration Number: |
|
|
RED TECHNOLOGY SOLUTIONS LIMITED
Abbreviated Balance sheet
As at 31st December 2014
Notes | 2014 £ |
2013 £ |
|
---|---|---|---|
Fixed assets | |||
Intangible assets: | 3 |
|
|
Tangible assets: | 4 |
|
|
Total fixed assets: |
|
|
|
Current assets | |||
Debtors: | 5 |
|
|
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors | |||
Creditors: amounts falling due within one year | 6 |
|
|
Net current assets (liabilities): |
|
|
|
Total assets less current liabilities: |
|
|
|
Provision for liabilities: |
|
10,470 | |
Total net assets (liabilities): |
|
|
The notes form part of these financial statements
RED TECHNOLOGY SOLUTIONS LIMITED
Abbreviated Balance sheet
As at 31st December 2014
continued
Notes | 2014 £ |
2013 £ |
|
---|---|---|---|
Capital and reserves | |||
Called up share capital: | 7 |
|
|
Profit and Loss account: |
|
|
|
Total shareholders funds: |
|
|
The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: C Litchfield
Status: Director
The notes form part of these financial statements
RED TECHNOLOGY SOLUTIONS LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st December 2014
-
1. Accounting policies
Basis of measurement and preparation of accounts
Basis of Accounting 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 Turnover represents the net invoice value of goods and services provided, excluding value added tax. Tangible fixed assets depreciation policy
Tangible Fixed Assets Depreciation on fixed assets is provided at rates estimated to write off the cost or revalued amounts, less estimated residual value, of each asset over its expected useful life as follows: Fixtures, fittings & equipment - 20% straight line Computer equipment - 33% straight line Intangible fixed assets amortisation policy
Intangible Fixed Assets Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives.
RED TECHNOLOGY SOLUTIONS LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st December 2014
-
3. Intangible assets
Total Cost £ At 01st January 2014: 119,439 Additions: 8,809 128,248 Amortisation £ At 01st January 2014: 116,504 Provided during the period: 3,181 At 31st December 2014: 119,685 Net book value £ At 31st December 2014: 8,563 At 31st December 2013: 2,935
RED TECHNOLOGY SOLUTIONS LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st December 2014
-
4. Tangible assets
Total Cost £ At 01st January 2014: 366,689 Additions: 55,438 At 31st December 2014: 422,127 Depreciation At 01st January 2014: 298,690 Charge for year: 52,718 At 31st December 2014: 351,408 Net book value At 31st December 2014: 70,719 At 31st December 2013: 67,999
RED TECHNOLOGY SOLUTIONS LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st December 2014
-
5. Debtors
RED TECHNOLOGY SOLUTIONS LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st December 2014
-
6. Creditors: amounts falling due within one year