REAL ART PICTURES LIMITED - Limited company - abbreviated - 11.9

REAL ART PICTURES LIMITED - Limited company - abbreviated - 11.9


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REGISTERED NUMBER: 03614744 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 July 2015

for

REAL ART PICTURES LIMITED

REAL ART PICTURES LIMITED (Registered number: 03614744)






Contents of the Abbreviated Accounts
for the Year Ended 31 July 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Report of the Accountants 4

REAL ART PICTURES LIMITED

Company Information
for the Year Ended 31 July 2015







DIRECTOR: K AL-JANABI





SECRETARY: H HEFFNER





REGISTERED OFFICE: 7 TAVISTOCK TERRACE
LONDON
London
N19 4BZ





REGISTERED NUMBER: 03614744 (England and Wales)





ACCOUNTANTS: Cohen & Co. Accountants
129 Station Road
London
London
NW4 4NJ

REAL ART PICTURES LIMITED (Registered number: 03614744)

Abbreviated Balance Sheet
31 July 2015

31.7.15 31.7.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 6,050 7,211

CURRENT ASSETS
Cash at bank 4,555 219

CREDITORS
Amounts falling due within one year 2,400 1,198
NET CURRENT ASSETS/(LIABILITIES) 2,155 (979 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,205

6,232

CREDITORS
Amounts falling due after more than one year 46,704 58,112
NET LIABILITIES (38,499 ) (51,880 )

CAPITAL AND RESERVES
Called up share capital 3 1 1
Other reserves 16,164 16,164
Profit and loss account (54,664 ) (68,045 )
SHAREHOLDERS' FUNDS (38,499 ) (51,880 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 25 January 2016 and were signed by:





K AL-JANABI - Director


REAL ART PICTURES LIMITED (Registered number: 03614744)

Notes to the Abbreviated Accounts
for the Year Ended 31 July 2015

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 each asset over its estimated useful life.


Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet
date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2014 21,596
Additions 350
At 31 July 2015 21,946
DEPRECIATION
At 1 August 2014 14,385
Charge for year 1,511
At 31 July 2015 15,896
NET BOOK VALUE
At 31 July 2015 6,050
At 31 July 2014 7,211

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.15 31.7.14
value: £    £   
1 Ordinary 1 1 1

REAL ART PICTURES LIMITED

Report of the Accountants to the Director of
REAL ART PICTURES LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited
financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) have been
prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2015 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Cohen & Co. Accountants
129 Station Road
London
London
NW4 4NJ


Date: .............................................