Rannoch Road Takeaway Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC397496 (Scotland)

Rannoch Road Takeaway Limited

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr D K F Shek

REGISTERED OFFICE:

9 Ainslie Place

Edinburgh

EH3 6AT

REGISTERED NUMBER:

SC397496 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

EH3 6AT

BANKERS:

The Royal Bank of Scotland plc

Perth Chief Office

12 Dunkeld Road

Perth

PH1 5RB

FIXED ASSETS

Tangible assets

2

504

-

CURRENT ASSETS

Stocks

500

450

Debtors

240

860

Cash at bank and in hand

5,947

9,414

6,687

10,724

CREDITORS

Amounts falling due within one year

6,621

5,983

NET CURRENT ASSETS

66

4,741

TOTAL ASSETS LESS CURRENT LIABILITIES

570

4,741

PROVISIONS FOR LIABILITIES

101

-

NET ASSETS

469

4,741

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

468

4,740

SHAREHOLDERS' FUNDS

469

4,741

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 23 October 2015 and were signed by:

Mr D K F Shek - Director

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 and revenue recognition

Turnover, which represents gross invoiced sales of goods, is recognised at the point when the food

or drink is served or delivered to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date where transactions or events have occurred at that date that will result in

an obligation to pay more, or a right to pay less or to receive more tax.

Deferred tax assets are recognised only to the extent that the directors consider that it is more

likely than not that there will be suitable taxable profits from which the future reversal of the

underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the rates that are expected to apply in the

periods in which timing differences reverse, based on tax rates and laws enacted or substantively

enacted at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

672

At 30 April 2015

672

DEPRECIATION

Charge for year

168

At 30 April 2015

168

NET BOOK VALUE

At 30 April 2015

504

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1