Rainmaker Sales Solutions Limited - Limited company - abbreviated - 11.9

Rainmaker Sales Solutions Limited - Limited company - abbreviated - 11.9


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REGISTERED NUMBER: 06551032 (England and Wales)



















Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

for

Rainmaker Sales Solutions Limited

Rainmaker Sales Solutions Limited (Registered number: 06551032)






Contents of the Abbreviated Accounts
for the Year Ended 30 April 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Rainmaker Sales Solutions Limited

Company Information
for the Year Ended 30 April 2015







DIRECTOR: F W Flanagan





REGISTERED OFFICE: Southgate House
59 Magdalen Street
Exeter
Devon
EX2 4HY





REGISTERED NUMBER: 06551032 (England and Wales)





ACCOUNTANTS: Prydis Accounts Limited
Chartered Accountants
Southgate House
59 Magdalen Street
Exeter
Devon
EX2 4HY

Rainmaker Sales Solutions Limited (Registered number: 06551032)

Abbreviated Balance Sheet
30 April 2015

30.4.15 30.4.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 9,611 6,672

CURRENT ASSETS
Debtors 474,111 290,495
Cash at bank 50,360 53,855
524,471 344,350
CREDITORS
Amounts falling due within one year 130,264 103,441
NET CURRENT ASSETS 394,207 240,909
TOTAL ASSETS LESS CURRENT
LIABILITIES

403,818

247,581

PROVISIONS FOR LIABILITIES 1,922 1,334
NET ASSETS 401,896 246,247

CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and loss account 401,894 246,245
SHAREHOLDERS' FUNDS 401,896 246,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 29 February 2016 and were signed by:





F W Flanagan - Director


Rainmaker Sales Solutions Limited (Registered number: 06551032)

Notes to the Abbreviated Accounts
for the Year Ended 30 April 2015

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The director has assessed the going concern and considers that there are no material uncertainties which may
cast significant doubt about the company's ability to continue. As a result, the financial statements have been
prepared using the going concern basis of accounting.

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).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as
a small company.

Turnover
Turnover represents the amount derived from ordinary activities, and stated after trade discounts, other sales
taxes and net of value added tax.

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

Computer equipment - 25% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 May 2014 12,037
Additions 6,142
At 30 April 2015 18,179
DEPRECIATION
At 1 May 2014 5,365
Charge for year 3,203
At 30 April 2015 8,568
NET BOOK VALUE
At 30 April 2015 9,611
At 30 April 2014 6,672

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.15 30.4.14
value: £    £   
2 Ordinary £1 2 2

Rainmaker Sales Solutions Limited (Registered number: 06551032)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 April 2015

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2015 and
30 April 2014:

30.4.15 30.4.14
£    £   
F W Flanagan
Balance outstanding at start of year 201,400 87,179
Amounts advanced 67,293 162,973
Amounts repaid (29,008 ) (48,752 )
Balance outstanding at end of year 239,685 201,400

A interest rate of 3.25% has been applied to the loan and the loan is repayable on demand.