REJEN SALES LIMITED,Ltd - Accounts

REJEN SALES LIMITED,Ltd - Accounts

REJEN SALES LIMITED - Company Information

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2015-01-01 true false Private Limited Company 04617710 2015-12-31 04617710 2015-01-01 2015-12-31 04617710 2014-12-31 04617710 2014-01-01 2014-12-31 04617710 uk-bus:Director1 2015-01-01 2015-12-31 04617710 uk-gaap:Buildings 2015-01-01 2015-12-31 04617710 uk-gaap:PlantMachinery 2015-01-01 2015-12-31 04617710 uk-gaap:CommercialMotorVehicles 2015-01-01 2015-12-31 04617710 uk-gaap:FixturesFittings 2015-01-01 2015-12-31 04617710 uk-bus:OrdinaryShareClass1 2015-12-31 iso4217:GBP
REJEN SALES LIMITED
For the year ended 31 December 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 04617710
2
Contents Page
REJEN SALES LIMITED
For the year ended 31 December 2015
1
Balance Sheet
2 to 3
Notes to the Abbreviated Financial Statements
3
Abbreviated Balance Sheet
REJEN SALES LIMITED
As at 31 December 2015
04617710
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
51,699
61,658
51,699
61,658
Current assets
Stocks
38,575
98,095
Debtors
329
2,596
Cash at bank and in hand
9,366
12,124
110,057
51,028
Creditors: amounts falling due within one year
(67,042)
(122,619)
(16,014)
(12,562)
Net current liabilities
Total assets less current liabilities
39,137
45,644
Creditors: amounts falling due after more than one year
(18,136)
(12,861)
(4,054)
(4,695)
Provisions for liabilities
22,222
Net assets
22,813
Capital and reserves
Called up share capital
2
3
2
Profit and loss account
22,220
22,811
22,222
22,813
Shareholders funds
For the year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) 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.
Date approved by the board: 30 September 2016
Mr. J. Lawrence Director
Signed on behalf of the board of directors
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4
Notes to the Abbreviated Financial Statements
REJEN SALES LIMITED
For the year ended 31 December 2015
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Deferred taxation
Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
10% Straight line
Plant and Machinery
25% Reducing balance
Motor Vehicles
25% Reducing balance
Fixtures and Fittings
25% Reducing balance
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
126,293
At 01 January 2015
3,280
Additions
At 31 December 2015
129,573
Depreciation
64,635
At 01 January 2015
13,239
Charge for year
77,874
At 31 December 2015
Net book values
At 31 December 2015
51,699
61,658
At 31 December 2014
2 of 3
5
Notes to the Abbreviated Financial Statements
REJEN SALES LIMITED
For the year ended 31 December 2015
3 Share capital
Allotted called up and fully paid
2015
2014
£
£
2 Class A shares of £1.00 each
2
2
2
2
3 of 3