Rapid Fulfilment Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04916361 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30th September 2015

for

Rapid Fulfilment Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S J Hastie

Ms A J Redpath

SECRETARY:

Ms A J Redpath

REGISTERED OFFICE:

Sovereign House

155 High Street

Aldershot

Hampshire

GU11 1TT

REGISTERED NUMBER:

04916361 (England and Wales)

ACCOUNTANTS:

Whiteleys

Chartered Certified Accountants

Sovereign House

155 High Street

Aldershot

Hampshire

GU11 1TT

FIXED ASSETS

Tangible assets

2

648

861

CURRENT ASSETS

Cash at bank

1,059

1,058

CREDITORS

Amounts falling due within one year

5,528

2,620

NET CURRENT LIABILITIES

(4,469

)

(1,562

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,821

)

(701

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(3,823

)

(703

)

SHAREHOLDERS' FUNDS

(3,821

)

(701

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 10th June 2016 and were signed on its behalf by:

S J Hastie - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover represents net invoiced sales of goods, 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

-

25% on reducing balance and 15% on reducing balance

Going concern

The company has net current liabilities and trades with the support of its director. The director has

confirmed his intention to continue to support the company. This together with management

information and forecast results leads the director to consider it appropriate to prepare the financial

statements on a going concern basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2014

and 30th September 2015

3,717

DEPRECIATION

At 1st October 2014

2,856

Charge for year

213

At 30th September 2015

3,069

NET BOOK VALUE

At 30th September 2015

648

At 30th September 2014

861

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

1

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES