Recursive Technologies Ltd,Ltd - Accounts

Recursive Technologies Ltd,Ltd - Accounts

RECURSIVE TECHNOLOGIES LTD - Company Information

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2014-07-01 true false Private Limited Company 07306397 2015-06-30 07306397 2014-07-01 2015-06-30 07306397 2014-06-30 07306397 2013-07-01 2014-06-30 07306397 uk-bus:Director1 2014-07-01 2015-06-30 07306397 uk-bus:Director2 2014-07-01 2015-06-30 07306397 uk-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP
Recursive Technologies Ltd
For the year ended 30 June 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07306397
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Contents Page
Recursive Technologies Ltd
For the year ended 30 June 2015
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
3
Recursive Technologies Ltd
Accountants' Report
For the year ended 30 June 2015
As described on the balance sheet you are responsible for the preparation of the financial statements for the
year ended 30 June 2015 and you consider that the company is exempt from an audit under the Companies
Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist
you to fulfil your statutory responsibilities, from the accounting records and information and explanations
supplied to us.
Vickers Reynolds & Co (Lye) Ltd
'The Stables'
Dudley road
Lye, Stourbridge
West Midlands
DY9 8EL
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Abbreviated Balance Sheet
Recursive Technologies Ltd
As at 30 June 2015
07306397
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
5,747
5,747
5,747
5,747
Current assets
Debtors
-
(112)
Cash at bank and in hand
16,005
21,997
15,893
21,997
Creditors: amounts falling due within one year
(17,424)
(10,700)
4,573
5,193
Net current assets
Total assets less current liabilities
10,940
10,320
10,940
Net assets
10,320
Capital and reserves
Called up share capital
100
3
100
Profit and loss account
10,840
10,220
10,940
10,320
Shareholders funds
For the year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
2) 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.
Date approved by the board: 22 July 2015
Rebecca Murray Director
Signed on behalf of the board of directors
Micheal John Murray Director
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Notes to the Abbreviated Financial Statements
Recursive Technologies Ltd
For the year ended 30 June 2015
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been
approved by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2 Tangible fixed assets
Tangible
fixed assets
Cost or valuation
£
5,747
At 01 July 2014
At 30 June 2015
5,747
Net book values
At 30 June 2015
5,747
5,747
At 30 June 2014
3 Share capital
Allotted called up and fully paid
2015
2014
£
£
100 Class A shares of £1.00 each
100
100
100
100
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