R A I LTD - Abbreviated accounts

Registered number

04736612

R A I LTD

Abbreviated Accounts

30 April 2015

R A I LTD
Registered number:		04736612
Abbreviated Balance Sheet
as at 30 April 2015

Notes			2015			2014
£				£
Current assets
Debtors		-			1,438
Cash at bank and in hand		34,982			6,440
		34,982			7,878

Creditors: amounts falling due within one year		(11,454)			(5,895)

Net current assets			23,528			1,983

Total assets less current liabilities			23,528			1,983

Creditors: amounts falling due after more than one year			-			70



Net assets			23,528			2,053

Capital and reserves
Called up share capital	2		100			100
Profit and loss account			23,428			1,953

Shareholders' funds			23,528			2,053

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



M Reiss
Director
Approved by the board on 25 January 2016

R A I LTD
Notes to the Abbreviated Accounts
for the year ended 30 April 2015

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		100		100