Redpike Solutions Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06424891 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH NOVEMBER 2015

FOR

REDPIKE SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S J Gardner

GN Gardner

SECRETARY:

S J Gardner

REGISTERED OFFICE:

Portland House

11-13 Station Road

Kettering

Northamptonshire

NN15 7HH

REGISTERED NUMBER:

06424891 (England and Wales)

ACCOUNTANTS:

Bewers Turner & Co Limited

Chartered Accountants

Portland House

11-13 Station Road

Kettering

Northamptonshire

NN15 7HH

FIXED ASSETS

Tangible assets

2

844

-

CURRENT ASSETS

Debtors

44,620

48,408

Cash at bank

994

4,674

45,614

53,082

CREDITORS

Amounts falling due within one year

45,755

52,922

NET CURRENT (LIABILITIES)/ASSETS

(141

)

160

TOTAL ASSETS LESS CURRENT
LIABILITIES

703

160

PROVISIONS FOR LIABILITIES

169

-

NET ASSETS

534

160

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

532

158

SHAREHOLDERS' FUNDS

534

160

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 18th August 2016 and were signed on
its behalf by:

GN Gardner - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis not withstanding that at 30

November 2015 the company had net current liabilities of £141. The directors believe this basis to be

appropriate and have agreed to provide funds as necessary to meet the day to day running costs of the

business for the foreseeable future.

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 the value of services provided under service contracts to the extent that there is a

right to consideration and is recorded at the value of consideration due.

Where a contract has only been partially completed at the balance sheet date turnover represents the

value of the services provided to date based on a proportion of the total expected consideration at

completion. Where payments are received from customers in advance of services provided, the

amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st December 2014

3,530

Additions

900

At 30th November 2015

4,430

DEPRECIATION

At 1st December 2014

3,530

Charge for year

56

At 30th November 2015

3,586

NET BOOK VALUE

At 30th November 2015

844

At 30th November 2014

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

30th November 2015 and 30th November 2014:

2015

2014

£

GN Gardner

Balance outstanding at start of year

(9,084

)

(8,306

)

Amounts advanced

53,281

14,247

Amounts repaid

(39,976

)

(15,025

)

Balance outstanding at end of year

4,221

(9,084

)

The loan is unsecured and no interest is due on amounts outstanding.