Abbreviated Company Accounts - RACE HOUSE BEDFORD LTD

RACE HOUSE BEDFORD LTD - Company Information

07703276 RACE HOUSE BEDFORD LTD 2015-07-31 false 2014-08-01 2015-07-31 true 07703276 2014-08-01 2015-07-31 07703276 2015-07-31 07703276 2014-07-31 07703276 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 07703276 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 07703276

RACE HOUSE BEDFORD LTD

Abbreviated Accounts

31 July 2015

RACE HOUSE BEDFORD LTD Registered Number 07703276

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	15,897	22,204
		15,897	22,204
Current assets
Debtors		4,264	5,933
Cash at bank and in hand		4,961	3,088
		9,225	9,021
Creditors: amounts falling due within one year		(19,159)	(18,938)
Net current assets (liabilities)		(9,934)	(9,917)
Total assets less current liabilities		5,963	12,287
Provisions for liabilities		(3,179)	(3,484)
Total net assets (liabilities)		2,784	8,803
Capital and reserves
Called up share capital	3	200	200
Share premium account		2,584	8,603
Shareholders' funds		2,784	8,803

For the year ending 31 July 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 10 April 2016

And signed on their behalf by:
Bryony Doughty, Director

RACE HOUSE BEDFORD LTD Registered Number 07703276

Notes to the Abbreviated Accounts for the period ended 31 July 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 represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation . Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Plant and machinery 33% reducing balance

Other accounting policies
Deferred Tax
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets

	£
Cost
At 1 August 2014	51,131
Additions	3,639
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	54,770
Depreciation
At 1 August 2014	28,927
Charge for the year	9,946
On disposals	-
At 31 July 2015	38,873
Net book values
At 31 July 2015	15,897
At 31 July 2014	22,204

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
200 Ordinary shares of £1 each	200	200