Abbreviated Company Accounts - REACH INTERNATIONAL GROUP LIMITED

Abbreviated Company Accounts - REACH INTERNATIONAL GROUP LIMITED


Registered Number 06682489

REACH INTERNATIONAL GROUP LIMITED

Abbreviated Accounts

31 December 2014

REACH INTERNATIONAL GROUP LIMITED Registered Number 06682489

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 43,526 49,398
43,526 49,398
Current assets
Debtors 180,557 106,392
Cash at bank and in hand 40,214 34,598
220,771 140,990
Creditors: amounts falling due within one year (57,764) (50,850)
Net current assets (liabilities) 163,007 90,140
Total assets less current liabilities 206,533 139,538
Creditors: amounts falling due after more than one year (144,509) (105,304)
Total net assets (liabilities) 62,024 34,234
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 62,023 34,233
Shareholders' funds 62,024 34,234
  • 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 25 September 2015

And signed on their behalf by:
Mrs A F Vowden, Director

REACH INTERNATIONAL GROUP LIMITED Registered Number 06682489

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

Tangible assets depreciation policy
Tangible fixed assets 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:
Computer equipment 25% reducing balance
Fixtures, fittings & equipment 10% straight line basis

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).

2Tangible fixed assets
£
Cost
At 1 January 2014 64,297
Additions 292
Disposals -
Revaluations -
Transfers -
At 31 December 2014 64,589
Depreciation
At 1 January 2014 14,899
Charge for the year 6,164
On disposals -
At 31 December 2014 21,063
Net book values
At 31 December 2014 43,526
At 31 December 2013 49,398
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1