Abbreviated Company Accounts - RAINCITY FILMS LTD

Abbreviated Company Accounts - RAINCITY FILMS LTD


Registered Number 06464022

RAINCITY FILMS LTD

Abbreviated Accounts

31 January 2016

RAINCITY FILMS LTD Registered Number 06464022

Abbreviated Balance Sheet as at 31 January 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Creditors: amounts falling due within one year (553) (553)
Net current assets (liabilities) (553) (553)
Total assets less current liabilities (553) (553)
Creditors: amounts falling due after more than one year (26,496) (26,496)
Total net assets (liabilities) (27,049) (27,049)
Capital and reserves
Called up share capital 2 1 1
Profit and loss account (27,050) (27,050)
Shareholders' funds (27,049) (27,049)
  • For the year ending 31 January 2016 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 12 October 2016

And signed on their behalf by:
Stephen Manford, Director

RAINCITY FILMS LTD Registered Number 06464022

Notes to the Abbreviated Accounts for the period ended 31 January 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful
lives.
Plant and machinery 25% Straight line

2Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1 Ordinary shares of £1 each 1 1