Abbreviated Company Accounts - RAINBOW (EVESHAM) LIMITED

RAINBOW (EVESHAM) LIMITED - Company Information

05234823 RAINBOW (EVESHAM) LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 05234823 2014-10-01 2015-09-30 05234823 2015-09-30 05234823 2014-09-30 05234823 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 05234823 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:Director3 2014-10-01 2015-09-30 uk-gaap-cd-bus:Director3 2015-09-30 uk-gaap-cd-bus:Director3 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 05234823

RAINBOW (EVESHAM) LIMITED

Abbreviated Accounts

30 September 2015

RAINBOW (EVESHAM) LIMITED Registered Number 05234823

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	-	-
Tangible assets	3	89,489	91,685
		89,489	91,685
Current assets
Debtors		255	255
Cash at bank and in hand		20,697	6,158
		20,952	6,413
Creditors: amounts falling due within one year		(22,729)	(9,688)
Net current assets (liabilities)		(1,777)	(3,275)
Total assets less current liabilities		87,712	88,410
Total net assets (liabilities)		87,712	88,410
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		87,710	88,408
Shareholders' funds		87,712	88,410

For the year ending 30 September 2015 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 27 June 2016

And signed on their behalf by:
K. Antoniou, Director

RAINBOW (EVESHAM) LIMITED Registered Number 05234823

Notes to the Abbreviated Accounts for the period ended 30 September 2015

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.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life, as follows:

Freehold building - 2% on a straight line basis
Fixtures and fittings - 20% on a straight line basis

Intangible assets amortisation policy
Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business in 2004, is amortised evenly over its estimated useful life of ten years.

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

2Intangible fixed assets

	£
Cost
At 1 October 2014	82,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	82,500
Amortisation
At 1 October 2014	82,500
Charge for the year	-
On disposals	-
At 30 September 2015	82,500
Net book values
At 30 September 2015	0
At 30 September 2014	0

3Tangible fixed assets

	£
Cost
At 1 October 2014	125,837
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	125,837
Depreciation
At 1 October 2014	34,152
Charge for the year	2,196
On disposals	-
At 30 September 2015	36,348
Net book values
At 30 September 2015	89,489
At 30 September 2014	91,685

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2

5Transactions with directors

Name of director receiving advance or credit:	Mr K Antoniou and Mrs G Antoniou
Description of the transaction:	Directors account movements during the year
Balance at 1 October 2014:	£ 6,750
Advances or credits made:	£ 20,000
Advances or credits repaid:	£ 10,100
Balance at 30 September 2015:	£ 16,650