R Randall Limited - Limited company - abbreviated

REGISTERED NUMBER: 00570079 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2015

for

R Randall Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr S Randall

Miss P Randall

SECRETARY:

Miss P Randall

REGISTERED OFFICE:

3rd Floor

Scottish Mutual House

27-29 North Street

Hornchurch

Essex

RM11 1RS

REGISTERED NUMBER:

00570079 (England and Wales)

ACCOUNTANTS:

Bruce Allen LLP

Chartered Certified Accountants

3rd Floor

Scottish Mutual House

27-29 North Street

Hornchurch

Essex

RM11 1RS

FIXED ASSETS

Tangible assets

2

309,319

340,251

Investments

3

194

309,513

340,445

CURRENT ASSETS

Debtors

80,046

32,454

Cash at bank and in hand

74,960

141,217

155,006

173,671

CREDITORS

Amounts falling due within one year

9,185

15,077

NET CURRENT ASSETS

145,821

158,594

TOTAL ASSETS LESS CURRENT
LIABILITIES

455,334

499,039

CREDITORS

Amounts falling due after more than one year

4

(103,030

)

(108,047

)

PROVISIONS FOR LIABILITIES

(29,389

)

(26,821

)

NET ASSETS

322,915

364,171

CAPITAL AND RESERVES

Called up share capital

5

1,900

Capital redemption reserve

100

Profit and loss account

320,915

362,171

SHAREHOLDERS' FUNDS

322,915

364,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 26 May 2016 and were signed on its behalf by:

Mr S Randall - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

Straight line over 20 years

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are

depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

820,913

Disposals

(12,653

)

At 31 August 2015

808,260

DEPRECIATION

At 1 September 2014

480,662

Charge for year

30,077

Eliminated on disposal

(11,798

)

At 31 August 2015

498,941

NET BOOK VALUE

At 31 August 2015

309,319

At 31 August 2014

340,251

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 September 2014

and 31 August 2015

194

NET BOOK VALUE

At 31 August 2015

194

At 31 August 2014

194

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.8.15

31.8.14

£

Repayable by instalments

103,030

108,047

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

2,000

Ordinary

1

1,900

R Randall Limited - Limited company - abbreviated - 11.6

R Randall Limited - Limited company - abbreviated - 11.6