4_ROADS_LIMITED - Accounts

4 ROADS LIMITED - Company Information

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Company Registration No. 08085585 (England and Wales)

4 ROADS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2015

4 ROADS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

4 ROADS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MAY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

720

880

Current assets

Debtors

29,254

64,388

Cash at bank and in hand

20,971

4,942

50,225

69,330

Creditors: amounts falling due within one year

(40,862)

(62,619)

Net current assets

9,363

6,711

Total assets less current liabilities

10,083

7,591

Provisions for liabilities

(144)

(176)

9,939

7,415

Capital and reserves

Called up share capital

100

Profit and loss account

9,839

7,315

Shareholders' funds

9,939

7,415

For the financial year ended 31 May 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 19 February 2016

Mr R J Nash

Director

Company Registration No. 08085585

4 ROADS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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:

Computer equipment

straight line 3 years

1.5

Foreign currency translation

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

Fixed assets

Tangible assets

Cost

At 1 June 2014

2,642

Additions

1,080

At 31 May 2015

3,722

Depreciation

At 1 June 2014

1,762

Charge for the year

1,240

At 31 May 2015

3,002

Net book value

At 31 May 2015

720

At 31 May 2014

880

4 ROADS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary of £1 each

100