Abbreviated Company Accounts - RAILWAYANA AUCTIONS (UK) LIMITED

Abbreviated Company Accounts - RAILWAYANA AUCTIONS (UK) LIMITED

RAILWAYANA AUCTIONS (UK) LIMITED - Company Information

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Registered Number 04340893

RAILWAYANA AUCTIONS (UK) LIMITED

Abbreviated Accounts

31 March 2015

RAILWAYANA AUCTIONS (UK) LIMITED Registered Number 04340893

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 3,328 4,437
3,328 4,437
Current assets
Stocks 11,449 4,075
Debtors 48,304 41,590
Cash at bank and in hand 47,945 39,678
107,698 85,343
Creditors: amounts falling due within one year (109,138) (88,735)
Net current assets (liabilities) (1,440) (3,392)
Total assets less current liabilities 1,888 1,045
Total net assets (liabilities) 1,888 1,045
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,788 945
Shareholders' funds 1,888 1,045
  • 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 23 December 2015

And signed on their behalf by:
Neil Booth, Director

RAILWAYANA AUCTIONS (UK) LIMITED Registered Number 04340893

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 amounts receivable for goods and services

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows :- Fixtures Fittings Equipment and Motor Vehicles 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2014 14,690
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 14,690
Depreciation
At 1 April 2014 10,253
Charge for the year 1,109
On disposals -
At 31 March 2015 11,362
Net book values
At 31 March 2015 3,328
At 31 March 2014 4,437