Abbreviated Company Accounts - REUSE LIMITED

02902612 REUSE LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 02902612 2014-01-01 2014-12-31 02902612 2014-12-31 02902612 2013-12-31 02902612 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 02902612 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:Director3 2014-01-01 2014-12-31 uk-gaap-cd-bus:Director3 2014-12-31 uk-gaap-cd-bus:Director3 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 02902612

REUSE LIMITED

Abbreviated Accounts

31 December 2014

REUSE LIMITED Registered Number 02902612

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,213	2,272
		1,213	2,272
Current assets
Debtors		489,978	326,246
Cash at bank and in hand		10,284	4,981
		500,262	331,227
Creditors: amounts falling due within one year		(432,461)	(331,247)
Net current assets (liabilities)		67,801	(20)
Total assets less current liabilities		69,014	2,252
Total net assets (liabilities)		69,014	2,252
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		68,014	1,252
Shareholders' funds		69,014	2,252

For the year ending 31 December 2014 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 29 December 2015

And signed on their behalf by:
G G MacLaren, Director

REUSE LIMITED Registered Number 02902612

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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 the value of services provided, excluding value added tax.

Tangible assets depreciation policy
Depreciation has been provided on a straight line basis at the following annual rates (with a proportional charge in the year of acquisition) in order to write off the cost of tangible fixed assets over the period of their estimated useful economic lives:
Plant and machinery 25%
Office equipment 25%

2Tangible fixed assets

	£
Cost
At 1 January 2014	54,605
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	54,605
Depreciation
At 1 January 2014	52,333
Charge for the year	1,059
On disposals	-
At 31 December 2014	53,392
Net book values
At 31 December 2014	1,213
At 31 December 2013	2,272

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000

4Transactions with directors

Name of director receiving advance or credit:	Mr G G MacLaren
Description of the transaction:	Loans to director
Balance at 1 January 2014:	-
Advances or credits made:	£ 315,948
Advances or credits repaid:	£ 267,891
Balance at 31 December 2014:	£ 48,057