Abbreviated Company Accounts - RHEATECH LIMITED

03838015 RHEATECH LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 03838015 2014-01-01 2014-12-31 03838015 2014-12-31 03838015 2013-12-31 03838015 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 03838015 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 03838015

RHEATECH LIMITED

Abbreviated Accounts

31 December 2014

RHEATECH LIMITED Registered Number 03838015

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Investments	2	237,642	204,833
		237,642	204,833
Current assets
Debtors	3	1,295,392	728,864
Cash at bank and in hand		29,891	2,523
		1,325,283	731,387
Creditors: amounts falling due within one year	4	(978,449)	(630,226)
Net current assets (liabilities)		346,834	101,161
Total assets less current liabilities		584,476	305,994
Total net assets (liabilities)		584,476	305,994
Capital and reserves
Called up share capital	5	2	2
Profit and loss account		584,474	305,992
Shareholders' funds		584,476	305,994

For the year ending 31 December 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 30 June 2015

And signed on their behalf by:
A. SINCENNES, Director

RHEATECH LIMITED Registered Number 03838015

Notes to the Abbreviated Accounts for the period ended 31 December 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
The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the United Kingdom and from the turnover generated by the invoicing of the payroll costs and related expenses for engineers employed by Rheatech Limited outsourced to RHEA System S.A.

Tangible assets depreciation policy
nil

Intangible assets amortisation policy
nil

2Fixed assets Investments
Rheatech Limited has acquired 100% of the ordinary share capital of RHEA System B.V. during the year 2011 for an amount of £237,642. RHEA System B.V. is based in the Netherlands, Jonckerweg 18, 2201 DZ Noordwijk.

3Debtors

Amounts owed by group undertaking are unsecured, bear no interest and are repayable on demand.

4Creditors

	2014 £	2013 £
Secured Debts	978,449	630,226

5Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 A Ordinary shares of £1 each	2	2