Abbreviated Company Accounts - RATIO DESIGN LTD

Abbreviated Company Accounts - RATIO DESIGN LTD


Registered Number 07816262

RATIO DESIGN LTD

Abbreviated Accounts

31 October 2013

RATIO DESIGN LTD Registered Number 07816262

Abbreviated Balance Sheet as at 31 October 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 1,370 1,713
1,370 1,713
Current assets
Debtors 2,170 3,600
Cash at bank and in hand 20,420 9,258
22,590 12,858
Creditors: amounts falling due within one year (5,312) (14,542)
Net current assets (liabilities) 17,278 (1,684)
Total assets less current liabilities 18,648 29
Total net assets (liabilities) 18,648 29
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 18,647 28
Shareholders' funds 18,648 29
  • For the year ending 31 October 2013 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 17 January 2014

And signed on their behalf by:
A Heaps, Director

RATIO DESIGN LTD Registered Number 07816262

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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 the value of goods and services supplied to customers net of VAT.

Tangible assets depreciation policy
Depreciation is provided for at 25% reducing balance in order to write off assets over their estimated useful lives.

2Tangible fixed assets
£
Cost
At 1 November 2012 2,141
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2013 2,141
Depreciation
At 1 November 2012 428
Charge for the year 343
On disposals -
At 31 October 2013 771
Net book values
At 31 October 2013 1,370
At 31 October 2012 1,713
3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
1 Ordinary shares of £1 each 1 1