Abbreviated Company Accounts - RAINBOW HOMES (BARROWFORD) LTD

RAINBOW HOMES (BARROWFORD) LTD - Company Information

08379231 RAINBOW HOMES (BARROWFORD) LTD 2014-12-31 false 2014-02-01 2014-12-31 true 08379231 2014-02-01 2014-12-31 08379231 2014-12-31 08379231 2014-01-31 08379231 uk-gaap-cd-bus:Director1 2014-02-01 2014-12-31 08379231 uk-gaap-cd-bus:Director2 2014-02-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-02-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass3 2014-02-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass3 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass3 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass4 2014-02-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass4 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass4 2014-01-31 iso4217:GBP shares

Registered Number 08379231

RAINBOW HOMES (BARROWFORD) LTD

Abbreviated Accounts

31 December 2014

RAINBOW HOMES (BARROWFORD) LTD Registered Number 08379231

Abbreviated Balance Sheet as at 31 December 2014

	Notes	31/12/2014	31/01/2014
		£	£
Current assets
Stocks		2,004,400	1,485,810
Debtors		340,406	73,182
Cash at bank and in hand		-	4,177
		2,344,806	1,563,169
Creditors: amounts falling due within one year	2	(2,865,684)	(80,554)
Net current assets (liabilities)		(520,878)	1,482,615
Total assets less current liabilities		(520,878)	1,482,615
Creditors: amounts falling due after more than one year	2	-	(1,660,214)
Total net assets (liabilities)		(520,878)	(177,599)
Capital and reserves
Called up share capital	3	300	300
Profit and loss account		(521,178)	(177,899)
Shareholders' funds		(520,878)	(177,599)

For the year ending 31 December 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 14 July 2016

And signed on their behalf by:
S Day, Director

RAINBOW HOMES (BARROWFORD) LTD Registered Number 08379231

Notes to the Abbreviated Accounts for the period ended 31 December 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.

Turnover policy
Turnover represents net invoices sale of goods excluding value added tax

Other accounting policies
Stocks

Stocks are valued at the lower of cost and net realisable value, after making allowance for slow moving items

2Creditors

	31/12/2014 £	31/01/2014 £
Secured Debts	2,742,875	1,660,214

3Called Up Share Capital
Allotted, called up and fully paid:

	31/12/2014 £	31/01/2014 £
100 Ordinary shares of £1 each	100	100
100 A Ordinary shares of £1 each	100	100
70 B Ordinary shares of £1 each	70	70
30 C Ordinary shares of £1 each	30	30