Rewico (UK) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 00688042

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2015

FOR

REWICO (UK) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Higgins

R Nash

SECRETARY:

S Higgins

REGISTERED OFFICE:

150 High Street

Sevenoaks

Kent

TN13 1XE

REGISTERED NUMBER:

00688042

ACCOUNTANTS:

Greenaway Chartered Accountants

150 High Street

Sevenoaks

Kent

TN13 1XE

FIXED ASSETS

Tangible assets

2

13,647

34,019

CURRENT ASSETS

Debtors

690,888

103,549

Cash at bank

522,055

171,832

1,212,943

275,381

CREDITORS

Amounts falling due within one year

721,627

121,038

NET CURRENT ASSETS

491,316

154,343

TOTAL ASSETS LESS CURRENT LIABILITIES

504,963

188,362

PROVISIONS FOR LIABILITIES

2,452

6,465

NET ASSETS

502,511

181,897

CAPITAL AND RESERVES

Called up share capital

3

5,000

5,000

Profit and loss account

497,511

176,897

SHAREHOLDERS' FUNDS

502,511

181,897

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 10 December 2015 and were signed on its behalf by:

S Higgins - 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, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

at variable rates on reducing balance

Deferred tax

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

the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at

the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at

the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

161,428

DEPRECIATION

At 1 June 2014

127,409

Charge for year

20,372

At 31 May 2015

147,781

NET BOOK VALUE

At 31 May 2015

13,647

At 31 May 2014

34,019

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/5/15

31/5/14

value:

£

£

5,000

Ordinary

£1

5,000

5,000