Rui Ribeiro Limited - Limited company - abbreviated - 11.9

Rui Ribeiro Limited - Limited company - abbreviated - 11.9


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REGISTERED NUMBER: 06241598 (England and Wales)















ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31ST MAY 2015

FOR

RUI RIBEIRO LIMITED

RUI RIBEIRO LIMITED (REGISTERED NUMBER: 06241598)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MAY 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

RUI RIBEIRO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2015







DIRECTOR: R Ribeiro





SECRETARY: R Willette





REGISTERED OFFICE: 2A Ledbury Mews North
London
W11 2AF





REGISTERED NUMBER: 06241598 (England and Wales)





ACCOUNTANTS: Russell New Limited
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex
BN44 3TN

RUI RIBEIRO LIMITED (REGISTERED NUMBER: 06241598)

ABBREVIATED BALANCE SHEET
31ST MAY 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 5,200 2,929

CURRENT ASSETS
Stocks 31,211 -
Debtors 193,377 59,699
Cash at bank and in hand 641,674 216,272
866,262 275,971
CREDITORS
Amounts falling due within one year 796,235 154,115
NET CURRENT ASSETS 70,027 121,856
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,227

124,785

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 75,127 124,685
SHAREHOLDERS' FUNDS 75,227 124,785

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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 4th February 2016 and were signed by:





R Ribeiro - Director


RUI RIBEIRO LIMITED (REGISTERED NUMBER: 06241598)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MAY 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 the net value, excluding value added tax, of work carried out in respect of interior design
consultancy services provided to customers, and is recognised when the company obtains the right to
consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 33% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Deferred tax
Deferred taxation has not been provided in these accounts as in the opinion of the directors there is reasonable
probability that the liability will not arise in the foreseeable future. This does not comply with the Financial
Reporting Standard for Smaller Entities (effective April 2008 paragraph 9.4). If full provision for deferred
taxation was made in these accounts there would be a liability at the balance sheet date of £1,015 (2014: £556).

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st June 2014 6,454
Additions 5,365
At 31st May 2015 11,819
DEPRECIATION
At 1st June 2014 3,525
Charge for year 3,094
At 31st May 2015 6,619
NET BOOK VALUE
At 31st May 2015 5,200
At 31st May 2014 2,929

RUI RIBEIRO LIMITED (REGISTERED NUMBER: 06241598)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST MAY 2015

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100