Rag Consulting Ltd - Limited company accounts 11.9
Rag Consulting Ltd - Limited company accounts 11.9
| REGISTERED NUMBER: |
| REPORT OF THE DIRECTORS AND |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2015 |
| FOR |
| RAG CONSULTING LTD |
| RAG CONSULTING LTD (REGISTERED NUMBER: 06649607) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| Page |
| Company Information | 1 |
| Report of the Directors | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
| RAG CONSULTING LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| RAG CONSULTING LTD (REGISTERED NUMBER: 06649607) |
| REPORT OF THE DIRECTORS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| The directors present their report with the financial statements of the company for the year ended 31 March 2015. |
| DIRECTORS |
| The directors shown below have held office during the whole of the period from 1 April 2014 to the date of this report. |
| Other changes in directors holding office are as follows: |
| This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating |
| to small companies. |
| ON BEHALF OF THE BOARD: |
| RAG CONSULTING LTD (REGISTERED NUMBER: 06649607) |
| PROFIT AND LOSS ACCOUNT |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| 31.3.15 | 31.3.14 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| OPERATING PROFIT | 2 |
| Interest receivable and similar income |
| PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
| Tax on profit on ordinary activities | 3 |
| PROFIT FOR THE FINANCIAL YEAR |
| RAG CONSULTING LTD (REGISTERED NUMBER: 06649607) |
| BALANCE SHEET |
| 31 MARCH 2015 |
| 31.3.15 | 31.3.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Profit and loss account | 9 |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on by: |
| RAG CONSULTING LTD (REGISTERED NUMBER: 06649607) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| 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 |
| Computer equipment | - |
| 2. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 31.3.15 | 31.3.14 |
| £ | £ |
| Depreciation - owned assets |
| Directors' remuneration and other benefits etc |
| 3. | TAXATION |
| Analysis of the tax charge |
| The tax charge on the profit on ordinary activities for the year was as follows: |
| 31.3.15 | 31.3.14 |
| £ | £ |
| Current tax: |
| UK corporation tax |
| Tax on profit on ordinary activities |
| 4. | DIVIDENDS |
| 31.3.15 | 31.3.14 |
| £ | £ |
| Ordinary shares of 1 each |
| Final | 77,000 | 134,000 |
| RAG CONSULTING LTD (REGISTERED NUMBER: 06649607) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 April 2014 |
| Additions |
| At 31 March 2015 |
| DEPRECIATION |
| At 1 April 2014 |
| Charge for year |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.15 | 31.3.14 |
| £ | £ |
| Trade debtors | 20,009 | 22,785 |
| Other debtors | 29,201 | - |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.15 | 31.3.14 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.15 | 31.3.14 |
| value: | £ | £ |
| Ordinary | 1 |
| RAG CONSULTING LTD (REGISTERED NUMBER: 06649607) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| 9. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| At 1 April 2014 |
| Profit for the year |
| Dividends | ( |
) |
| At 31 March 2015 |
| 10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 March 2015 and |
| 31 March 2014: |
| 31.3.15 | 31.3.14 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |
| Ms A Barrett the Director, benefitted from a loan facility during the year. The facility is repayable on |
| demand and the company charges interest on amounts outstanding of 4.00% per annum. |