Rural Business Centres Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02163740 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30th November 2015

for

RURAL BUSINESS CENTRES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Roger Henry Tempest

REGISTERED OFFICE:

The Estate Office

Broughton Hall

Broughton

Skipton

Yorkshire

BD23 3AE

REGISTERED NUMBER:

02163740 (England and Wales)

BANKERS:

National Westminster plc

Skipton Branch

High Street

Skipton

Yorkshire

BD23 1JZ

FIXED ASSETS

Tangible assets

2

14,910

14,925

CURRENT ASSETS

Stocks

172,542

157,710

Debtors

636

134

Cash at bank

3,184

3,998

176,362

161,842

CREDITORS

Amounts falling due within one year

15,818

804

NET CURRENT ASSETS

160,544

161,038

TOTAL ASSETS LESS CURRENT LIABILITIES

175,454

175,963

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

175,354

175,863

SHAREHOLDERS' FUNDS

175,454

175,963

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 director acknowledges his 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 24th August 2016 and were signed by:

Roger Henry Tempest - 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).

Tangible fixed assets

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

Long leasehold

-

in accordance with the property

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable

overheads.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st December 2014

and 30th November 2015

15,000

DEPRECIATION

At 1st December 2014

75

Charge for year

15

At 30th November 2015

90

NET BOOK VALUE

At 30th November 2015

14,910

At 30th November 2014

14,925

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary Shares

£1

100

100

4.	ULTIMATE PARENT COMPANY

Rural Concepts Limited is regarded by the director as being the company's ultimate parent

company.

The ultimate controlling party of Rural Business Centres Limited is Roger Tempest by virtue

of his 100% shareholding in Rural Concepts Limited.