Abbreviated Company Accounts - NEW RIPPLE AUTOS LIMITED

NEW RIPPLE AUTOS LIMITED - Company Information

06896395 NEW RIPPLE AUTOS LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 06896395 2014-06-01 2015-05-31 06896395 2015-05-31 06896395 2014-05-31 06896395 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 06896395 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 06896395

NEW RIPPLE AUTOS LIMITED

Abbreviated Accounts

31 May 2015

NEW RIPPLE AUTOS LIMITED Registered Number 06896395

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	6,434	8,042
		6,434	8,042
Current assets
Stocks		18,320	19,652
Cash at bank and in hand		871	2,183
		19,191	21,835
Creditors: amounts falling due within one year		(36,217)	(26,676)
Net current assets (liabilities)		(17,026)	(4,841)
Total assets less current liabilities		(10,592)	3,201
Creditors: amounts falling due after more than one year		(1,997)	(2,268)
Total net assets (liabilities)		(12,589)	933
Capital and reserves
Called up share capital	3	4	4
Profit and loss account		(12,593)	929
Shareholders' funds		(12,589)	933

For the year ending 31 May 2015 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 11 February 2016

And signed on their behalf by:
Muhammad Saleem Malik, Director

NEW RIPPLE AUTOS LIMITED Registered Number 06896395

Notes to the Abbreviated Accounts for the period ended 31 May 2015

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 amounts receivable for services.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery 20%

Other accounting policies
The ultimate controlling party is M S Malik, the sole shareholder and director of the company.

2Tangible fixed assets

	£
Cost
At 1 June 2014	16,400
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	16,400
Depreciation
At 1 June 2014	8,358
Charge for the year	1,608
On disposals	-
At 31 May 2015	9,966
Net book values
At 31 May 2015	6,434
At 31 May 2014	8,042

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

	2015 £	2014 £
4 Ordinary shares of £1 each	4	4