Rokit Science Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04544012 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

ROKIT SCIENCE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTOR:

R S Kahan

SECRETARY:

Mrs C Kahan

REGISTERED OFFICE:

88 Crawford Street

London

W1H 2EJ

REGISTERED NUMBER:

04544012 (England and Wales)

ACCOUNTANTS:

Cameron Baum

Chartered Accountants

88 Crawford Street

London

W1H 2EJ

FIXED ASSETS

Intangible assets

2

749

1,237

Tangible assets

3

8,851

10,564

9,600

11,801

CURRENT ASSETS

Debtors

15,042

14,302

Cash at bank

1,200

4,866

16,242

19,168

CREDITORS

Amounts falling due within one year

47,480

24,550

NET CURRENT LIABILITIES

(31,238

)

(5,382

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(21,638

)

6,419

CREDITORS

Amounts falling due after more than one year

250,000

300,000

NET LIABILITIES

(271,638

)

(293,581

)

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

(271,640

)

(293,583

)

SHAREHOLDERS' FUNDS

(271,638

)

(293,581

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 30 June 2016 and were signed by:

R S Kahan - 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 goods, 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.

Plant and machinery

-

20% on reducing balance

Computer equipment

-

25% 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.

Software

Software expenditure which are shown in the financial statements as other intangible assets, are deferred and

amortised over the period during which the company is expected to benefit from the expenditure.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

1,950

AMORTISATION

At 1 October 2014

713

Amortisation for year

488

At 30 September 2015

1,201

NET BOOK VALUE

At 30 September 2015

749

At 30 September 2014

1,237

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

16,241

DEPRECIATION

At 1 October 2014

5,677

Charge for year

1,713

At 30 September 2015

7,390

NET BOOK VALUE

At 30 September 2015

8,851

At 30 September 2014

10,564

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2

5.	GOING CONCERN

The accounts have been prepared on a going concern basis, assuming continuing support from the company's

director.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Rokit Science Limited for the year ended 30 September 2015 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Rokit Science Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rokit Science Limited and state those matters that we have agreed to state to the director of Rokit Science Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Rokit Science Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rokit Science Limited. You consider that Rokit Science Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rokit Science Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cameron Baum

Chartered Accountants

88 Crawford Street

London

W1H 2EJ

Date: .............................................