Rainham Homes Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07587966 (England and Wales)

Rainham Homes Ltd

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs T Johnson

REGISTERED OFFICE:

3 - 5 London Road

Rainham

Kent

ME8 7RG

REGISTERED NUMBER:

07587966 (England and Wales)

ACCOUNTANTS:

Aggarwal & Co Limited

Chartered Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Tangible assets

2

6,108

4,230

CURRENT ASSETS

Debtors

8,640

9,717

Cash at bank and in hand

41,263

22,139

49,903

31,856

CREDITORS

Amounts falling due within one year

35,051

17,022

NET CURRENT ASSETS

14,852

14,834

TOTAL ASSETS LESS CURRENT
LIABILITIES

20,960

19,064

PROVISIONS FOR LIABILITIES

1,222

846

NET ASSETS

19,738

18,218

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

19,638

18,118

SHAREHOLDERS' FUNDS

19,738

18,218

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 3 August 2016 and were signed by:

Mrs T Johnson - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, 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.

Fixtures and fittings

-

33% on cost

Motor vehicles

-

25% on cost

Office equipment

-

33% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

13,053

Additions

3,533

At 31 March 2016

16,586

DEPRECIATION

At 1 April 2015

8,823

Charge for year

1,655

At 31 March 2016

10,478

NET BOOK VALUE

At 31 March 2016

6,108

At 31 March 2015

4,230

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

99

Ordinary 'A'

£1

99

1

Ordinary 'B'

£1

1

100