Abbreviated Company Accounts - RAHA ACCOUNTANCY LIMITED

Abbreviated Company Accounts - RAHA ACCOUNTANCY LIMITED


Registered Number 07743334

RAHA ACCOUNTANCY LIMITED

Abbreviated Accounts

31 December 2014

RAHA ACCOUNTANCY LIMITED Registered Number 07743334

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 130 303
130 303
Current assets
Debtors 3 51,030 45,626
Cash at bank and in hand 2,083 5,432
53,113 51,058
Creditors: amounts falling due within one year (13,864) (10,573)
Net current assets (liabilities) 39,249 40,485
Total assets less current liabilities 39,379 40,788
Total net assets (liabilities) 39,379 40,788
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 39,279 40,688
Shareholders' funds 39,379 40,788
  • 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 28 September 2015

And signed on their behalf by:
Bipasha Raha, Director

RAHA ACCOUNTANCY LIMITED Registered Number 07743334

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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax 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 of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office Equipment - 25% on cost

2Tangible fixed assets
£
Cost
At 1 January 2014 694
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 694
Depreciation
At 1 January 2014 391
Charge for the year 173
On disposals -
At 31 December 2014 564
Net book values
At 31 December 2014 130
At 31 December 2013 303
3Debtors

At 31st December 2014 the director B. Raha owed the company £40,123. Interest has been charged on the overdrawn director's current account, which was cleared by dividends within nine months of the year end.

4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100