RFB Enterprises Limited - Period Ending 2015-11-30

Registration number: SC333647

RFB Enterprises Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 November 2015
 

Lime Blue Accountancy Ltd
8 Albert Street
Aberdeen
AB25 1XQ

RFB Enterprises Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

RFB Enterprises Limited
(Registration number: SC333647)
Abbreviated Balance Sheet at 30 November 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					342			570
Current assets
Debtors					9,904			59,455
Cash at bank and in hand					179,600			150,748
					189,504			210,203
Creditors: Amounts falling due within one year					(40,120)			(40,869)
Net current assets					149,384			169,334
Net assets					149,726			169,904
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					149,626			169,804
Shareholders' funds					149,726			169,904

For the year ending 30 November 2015 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 31 August 2016 and signed on its behalf by:

.........................................
R McDonald
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

RFB Enterprises Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	33% straight line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 2

RFB Enterprises Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 December 2014		5,837			5,837
At 30 November 2015		5,837			5,837
Depreciation
At 1 December 2014		5,267			5,267
Charge for the year		228			228
At 30 November 2015		5,495			5,495
Net book value
At 30 November 2015		342			342
At 30 November 2014		570			570

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100

Page 3