Redkit Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06765318 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

REDKIT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

E A Bridson

REGISTERED OFFICE:

10 Marlfield Road

West Derby

Liverpool

Merseyside

L12 8QB

REGISTERED NUMBER:

06765318 (England and Wales)

ACCOUNTANTS:

John Kerr - Chartered Accountants

369-371 Eaton Road

West Derby

Liverpool

Merseyside

L12 2AH

FIXED ASSETS

Tangible assets

2

119

179

CURRENT ASSETS

Debtors

1,982

2,888

Cash at bank

11,766

8,405

13,748

11,293

CREDITORS

Amounts falling due within one year

12,480

11,261

NET CURRENT ASSETS

1,268

32

TOTAL ASSETS LESS CURRENT LIABILITIES

1,387

211

PROVISIONS FOR LIABILITIES

24

36

NET ASSETS

1,363

175

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

363

(825

)

SHAREHOLDERS' FUNDS

1,363

175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 26 September 2014 and were signed by:

E A Bridson - Director

1.	ACCOUNTING POLICIES

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 sales of services, excluding value added tax, except in respect of service contracts where

turnover is recognised when the company obtains the right to consideration.

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

-

20% on cost

Deferred tax

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

date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

299

DEPRECIATION

At 1 January 2013

120

Charge for year

60

At 31 December 2013

180

NET BOOK VALUE

At 31 December 2013

119

At 31 December 2012

179

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

1,000

Ordinary

£1

1,000

1,000

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2013 and

31 December 2012:

31.12.13

31.12.12

£

£

E A Bridson

Balance outstanding at start of year

2,588

-

Amounts advanced

33,734

2,588

Amounts repaid

(34,340

)

-

Balance outstanding at end of year

1,982

2,588