Abbreviated Company Accounts - R & S (STAMFORD) LIMITED

Abbreviated Company Accounts - R & S (STAMFORD) LIMITED

R & S (STAMFORD) LIMITED - Company Information

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Registered Number 07632958

R & S (STAMFORD) LIMITED

Abbreviated Accounts

31 May 2015

R & S (STAMFORD) LIMITED Registered Number 07632958

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 14,256 14,506
14,256 14,506
Current assets
Stocks 21,650 20,910
Debtors 40,353 36,529
Cash at bank and in hand 100 94
62,103 57,533
Creditors: amounts falling due within one year (62,709) (58,535)
Net current assets (liabilities) (606) (1,002)
Total assets less current liabilities 13,650 13,504
Total net assets (liabilities) 13,650 13,504
Capital and reserves
Called up share capital 100 100
Profit and loss account 13,550 13,404
Shareholders' funds 13,650 13,504
  • 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 26 February 2016

And signed on their behalf by:
R Growcott, Director

R & S (STAMFORD) LIMITED Registered Number 07632958

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 comprises the invoiced value of goods and services supplied by the company, net of VAT

Tangible assets depreciation policy
Depreciation is provided in order to write off each asset over its expected useful life

2Tangible fixed assets
£
Cost
At 1 June 2014 15,233
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 15,233
Depreciation
At 1 June 2014 727
Charge for the year 250
On disposals -
At 31 May 2015 977
Net book values
At 31 May 2015 14,256
At 31 May 2014 14,506