Abbreviated Company Accounts - R&D INVEST LIMITED

R&D INVEST LIMITED - Company Information

07689092 R&D INVEST LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 07689092 2013-07-01 2014-06-30 07689092 2014-06-30 07689092 2013-06-30 07689092 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 07689092 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:Director3 2013-07-01 2014-06-30 uk-gaap-cd-bus:Director3 2014-06-30 uk-gaap-cd-bus:Director3 2013-06-30 iso4217:GBP shares

Registered Number 07689092

R&D INVEST LIMITED

Abbreviated Accounts

30 June 2014

R&D INVEST LIMITED Registered Number 07689092

Abbreviated Balance Sheet as at 30 June 2014

	2014	2013
	£	£
Current assets
Debtors	2,962	2,112
Cash at bank and in hand	3,386	1,947
	6,348	4,059
Creditors: amounts falling due within one year	(26,881)	(36,061)
Net current assets (liabilities)	(20,533)	(32,002)
Total assets less current liabilities	(20,533)	(32,002)
Total net assets (liabilities)	(20,533)	(32,002)
Capital and reserves
Called up share capital	2	2
Profit and loss account	(20,535)	(32,004)
Shareholders' funds	(20,533)	(32,002)

For the year ending 30 June 2014 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 3 September 2014

And signed on their behalf by:
Mr D Podd, Director

R&D INVEST LIMITED Registered Number 07689092

Notes to the Abbreviated Accounts for the period ended 30 June 2014

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.

The company has received the continued support of the directors who have agreed not to recall
the balances due to them. The company has therefore continued to account as a going concern.

2Transactions with directors

Name of director receiving advance or credit:	Mr D Podd and Mr R Wadsworth
Description of the transaction:	Balances repayable to directors
Balance at 1 July 2013:	£ 32,950
Advances or credits made:	£ 13,500
Advances or credits repaid:	£ 23,531
Balance at 30 June 2014:	£ 22,919

Directors and related party transactions:

The company paid rents due to the directors as follows; Mr R Wadsworth £8,754.84, (2013;
£5,674.02) and Mr D Podd £11,067.64, (2012; £8,643.42)

No sums were outstanding at the year end in respect of rents payable.

During the year the company provided property improvement services in respect of a property
owned by the directors. The amount charged was £23,531 being matched to incurred costs with
the sums noted as settled by way of the directors account balances.

Included in other creditors is the the sum of £22,918.57 ,(2013; £32,949.82) marked as due to
the directors.

No repayments have been agreed and no interest is charged.

No other transactions with related parties were undertaken such as are required to be disclosed
under Financial Reporting Standard 8.