Rampant Dragon Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05299664 (England and Wales)

RAMPANT DRAGON LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTOR:

D E L Gray

SECRETARY:

REGISTERED OFFICE:

The Foundry

15 Yorke Street

WREXHAM

LL13 8LW

REGISTERED NUMBER:

05299664 (England and Wales)

ACCOUNTANTS:

Colin F. Whitfield & Co Limited

Chartered Accountants

Redbrook View

Redbrook

Whitchurch

Shropshire

SY13 3AD

BANKERS:

HSBC Bank PLC

37 Chester Road West

SHOTTON

Flintshire

CH5 1DE

FIXED ASSETS

Tangible assets

2

3,441

2,986

CURRENT ASSETS

Debtors

4,788

9,672

Cash in hand

89

59

4,877

9,731

CREDITORS

Amounts falling due within one year

65,314

70,278

NET CURRENT LIABILITIES

(60,437

)

(60,547

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(56,996

)

(57,561

)

CREDITORS

Amounts falling due after more than one year

1,800

1,800

NET LIABILITIES

(58,796

)

(59,361

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(58,797

)

(59,362

)

SHAREHOLDERS' FUNDS

(58,796

)

(59,361

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 25 February 2016 and were signed by:

D E L Gray - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on the going concern basis following assurances from the director

and shareholder that he will continue to support the company for the foreseeable future.

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 net invoiced value of rentals and associated charges, excluding 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.

Fixtures and fittings

-

20% on reducing balance

Office equipment

-

20% 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. Where surplus unrelieved trading losses exist the benefit of these are only

recognised if the directors are confident of their being used in the short term.

At the date of the balance sheet no material timing differences existed and so no provision has been

made. for either the effect of accelerated capital allowances or unutilised tax trading losses.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

11,022

Additions

1,315

At 30 November 2015

12,337

DEPRECIATION

At 1 December 2014

8,036

Charge for year

860

At 30 November 2015

8,896

NET BOOK VALUE

At 30 November 2015

3,441

At 30 November 2014

2,986

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1

The following reproduces the text of the report prepared for the director in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of Rampant Dragon Limited for the year ended 30 November 2015 which comprise

the Profit and Loss Account, the Balance Sheet, the Cash Flow Statement, the Statement of Total

Recognised Gains and Losses and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Rampant Dragon Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rampant Dragon Limited and state those matters that we have agreed to state to the director of Rampant Dragon Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Rampant Dragon Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rampant Dragon Limited. You consider that Rampant Dragon Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rampant Dragon

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or

information and explanations you have given to us and we do not, therefore, express any opinion on the

statutory financial statements.

Colin F. Whitfield & Co Limited

Chartered Accountants

Redbrook View

Redbrook

Whitchurch

Shropshire

SY13 3AD

25 February 2016