Radcliffe & Rust Limited - Limited company - abbreviated

REGISTERED NUMBER: 07264501 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 May 2015

for

Radcliffe & Rust Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr D J Radcliffe

Mr R P Rust

REGISTERED OFFICE:

3 Morleys Place

Sawston

Cambridge

Cambridgeshire

CB22 3TG

REGISTERED NUMBER:

07264501 (England and Wales)

ACCOUNTANTS:

Sandcroft Management Services Limited

3 Morleys Place

High Street

Sawston

Cambridge

Cambridgeshire

CB22 3TG

FIXED ASSETS

Tangible assets

2

1,540

2,280

CURRENT ASSETS

Debtors

2,926

2,806

Cash at bank

53,982

86,110

56,908

88,916

CREDITORS

Amounts falling due within one year

20,234

27,614

NET CURRENT ASSETS

36,674

61,302

TOTAL ASSETS LESS CURRENT
LIABILITIES

38,214

63,582

CREDITORS

Amounts falling due after more than one
year

38,000

76,000

NET ASSETS/(LIABILITIES)

214

(12,418

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

212

(12,420

)

SHAREHOLDERS' FUNDS

214

(12,418

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors on 27 November 2015 and were signed on its behalf
by:

Mr R P Rust - Director

Mr D J Radcliffe - 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

Turnover represents net invoiced sales of goods and services, excluding Value Added Tax.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on a straight line basis

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

5,680

Additions

500

At 31 May 2015

6,180

DEPRECIATION

At 1 June 2014

3,400

Charge for year

1,240

At 31 May 2015

4,640

NET BOOK VALUE

At 31 May 2015

1,540

At 31 May 2014

2,280

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2

Radcliffe & Rust Limited - Limited company - abbreviated - 11.9

Radcliffe & Rust Limited - Limited company - abbreviated - 11.9