Abbreviated Company Accounts - REUSE LIMITED

02902612 REUSE LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 02902612 2013-01-01 2013-12-31 02902612 2013-12-31 02902612 2012-12-31 02902612 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 02902612 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:Director3 2013-01-01 2013-12-31 uk-gaap-cd-bus:Director3 2013-12-31 uk-gaap-cd-bus:Director3 2012-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 02902612

REUSE LIMITED

Abbreviated Accounts

31 December 2013

REUSE LIMITED Registered Number 02902612

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	2,272	1,327
		2,272	1,327
Current assets
Debtors		326,246	303,602
Cash at bank and in hand		4,981	23,859
		331,227	327,461
Creditors: amounts falling due within one year		(331,247)	(232,757)
Net current assets (liabilities)		(20)	94,704
Total assets less current liabilities		2,252	96,031
Total net assets (liabilities)		2,252	96,031
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		1,252	95,031
Shareholders' funds		2,252	96,031

For the year ending 31 December 2013 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 26 September 2014

And signed on their behalf by:
G G MacLaren, Director

REUSE LIMITED Registered Number 02902612

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 the value of work done and services provided, excluding value added tax.

Tangible assets depreciation policy
Depreciation has been provided on a straight line basis at the following annual rates (with a proportional charge in the year of acquisition) in order to write off the cost of tangible fixed assets over the period of their estimated useful economic lives:
Plant and machinery 25%
Office equipment 25%

2Tangible fixed assets

	£
Cost
At 1 January 2013	52,856
Additions	1,749
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	54,605
Depreciation
At 1 January 2013	51,529
Charge for the year	804
On disposals	-
At 31 December 2013	52,333
Net book values
At 31 December 2013	2,272
At 31 December 2012	1,327

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

	2013 £	2012 £
1,000 Ordinary shares of £1 each	1,000	1,000

4Transactions with directors

Name of director receiving advance or credit:	Mr G G MacLaren
Description of the transaction:	Loans to director
Balance at 1 January 2013:	-
Advances or credits made:	£ 192,021
Advances or credits repaid:	£ 192,021
Balance at 31 December 2013:	£ 0