Abbreviated Company Accounts - RENEGADE HARDWARE MUSIC LTD

Abbreviated Company Accounts - RENEGADE HARDWARE MUSIC LTD


Registered Number 07199066

RENEGADE HARDWARE MUSIC LTD

Abbreviated Accounts

31 March 2015

RENEGADE HARDWARE MUSIC LTD Registered Number 07199066

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Current assets
Stocks 3,978 3,980
Debtors 5,697 2,139
Cash at bank and in hand 464 4,199
10,139 10,318
Creditors: amounts falling due within one year (10,447) (9,495)
Net current assets (liabilities) (308) 823
Total assets less current liabilities (308) 823
Total net assets (liabilities) (308) 823
Capital and reserves
Called up share capital 2 1 1
Profit and loss account (309) 822
Shareholders' funds (308) 823
  • For the year ending 31 March 2015 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 17 December 2015

And signed on their behalf by:
S Wright, Director

RENEGADE HARDWARE MUSIC LTD Registered Number 07199066

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 represents net invoiced sales of goods and services, excluding value added tax. Where a service is incomplete at the year end, turnover represents the sales value of services provided based on an appropriate proportion of time spent. Any partially completed services that are un-billed at year end are recorded in accrued income within trade debtors.

Other accounting policies
Stock
Stock represents materials and promotional materials. Stock is valued at the lower od cost and net realisable value.

2Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1 Ordinary shares of £1 each 1 1