Rahmans (Scunthorpe) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08971505 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

RAHMANS (SCUNTHORPE) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Certified Accountants' Report

6

DIRECTOR:

A Miah

REGISTERED OFFICE:

82 Oswald Road

Scunthorpe

North Lincolnshire

DN15 7PA

REGISTERED NUMBER:

08971505 (England and Wales)

ACCOUNTANTS:

Andrew Thomas Accountancy Limited

Chartered Certified Accountants

82 Oswald Road

Scunthorpe

North Lincolnshire

DN15 7PA

FIXED ASSETS

Tangible assets

2

37,479

40,250

CURRENT ASSETS

Stocks

784

652

Cash at bank and in hand

100

2,689

884

3,341

CREDITORS

Amounts falling due within one year

37,548

37,240

NET CURRENT LIABILITIES

(36,664

)

(33,899

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

815

6,351

PROVISIONS FOR LIABILITIES

471

-

NET ASSETS

344

6,351

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

244

6,251

SHAREHOLDERS' FUNDS

344

6,351

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 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 12 September 2016 and were signed by:

A Miah - 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 goods, 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.

Improvements to property

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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

46,000

Additions

2,744

At 31 March 2016

48,744

DEPRECIATION

At 1 April 2015

5,750

Charge for year

5,515

At 31 March 2016

11,265

NET BOOK VALUE

At 31 March 2016

37,479

At 31 March 2015

40,250

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

The following reproduces the text of the report prepared for the director in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Rahmans (Scunthorpe) Limited for the year ended 31 March 2016 which

comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Rahmans (Scunthorpe) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rahmans (Scunthorpe) Limited and state those matters that we have agreed to state to the director of Rahmans (Scunthorpe) Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Rahmans (Scunthorpe) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Rahmans (Scunthorpe) Limited. You consider that Rahmans (Scunthorpe) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rahmans (Scunthorpe) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Andrew Thomas Accountancy Limited

Chartered Certified Accountants

82 Oswald Road

Scunthorpe

North Lincolnshire

DN15 7PA

12 September 2016