Simplistic Rules Limited - Limited company - abbreviated

REGISTERED NUMBER: 08397751 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 30 April 2015

for

Simplistic Rules Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B Singh

SECRETARY:

J Singh

REGISTERED OFFICE:

47 School Lane

Stretton on Dunsmore

Warwickshire

CV23 9ND

REGISTERED NUMBER:

08397751 (England and Wales)

ACCOUNTANTS:

Cottons Accountants LLP

Chiltern House

Waterperry Court

Middleton Road

Banbury

Oxfordshire

OX16 4QG

FIXED ASSETS

Tangible assets

2

516

688

CURRENT ASSETS

Debtors

11,881

14,904

Cash at bank

64,037

51,071

75,918

65,975

CREDITORS

Amounts falling due within one year

25,230

32,197

NET CURRENT ASSETS

50,688

33,778

TOTAL ASSETS LESS CURRENT
LIABILITIES

51,204

34,466

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

51,202

34,464

SHAREHOLDERS' FUNDS

51,204

34,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 11 January 2016 and were signed by:

B Singh - 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 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.

Computer equipment

-

25% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

917

DEPRECIATION

At 1 May 2014

229

Charge for year

172

At 30 April 2015

401

NET BOOK VALUE

At 30 April 2015

516

At 30 April 2014

688

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/4/15

30/4/14

value:

£

2

Ordinary

1

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 April 2015 and the period

ended 30 April 2014:

30/4/15

30/4/14

£

B Singh

Balance outstanding at start of year

-

Amounts advanced

151

-

Amounts repaid

-

Balance outstanding at end of year

151

-

Simplistic Rules Limited - Limited company - abbreviated - 11.9

Simplistic Rules Limited - Limited company - abbreviated - 11.9