Radsafety Limited - Period Ending 2016-03-31

 
 
 
 
 
 
 
  Radsafety Limited
 
  Unaudited Abbreviated Accounts
  Year Ended 31 March 2016
 
  Company Registration Number: 05738783

Radsafety Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Radsafety Limited
Abbreviated Balance Sheet
31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets		2			36,719			12,561
Current assets
Debtors					22,287			38,267
Cash at bank and in hand					181,556			235,982
					203,843			274,249
Creditors: Amounts falling due within one year					(35,406)			(49,214)
Net current assets					168,437			225,035
Total assets less current liabilities					205,156			237,596
Provisions for liabilities					(6,610)			(2,512)
Net assets					198,546			235,084
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					198,446			234,984
Shareholders' funds					198,546			235,084

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

Radsafety Limited
Abbreviated Balance Sheet
31 March 2016 ......... continued

For the year ending 31 March 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 director acknowledges his 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 director on 21 October 2016

Mr R A D Fuller
Director

Company Registration Number: 05738783

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Radsafety Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2016 ......... 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 January 2015).

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 or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Computer equipment	33.3% reducing balance
Equipment	20% reducing balance
Motor vehicles	25% reducing balance
Plant and machinery	20% straight line

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

2	Fixed assets

		Tangible assets £
Cost
At 1 April 2015		25,683
Additions		42,356
Disposals		(14,490)
At 31 March 2016		53,549
Depreciation
At 1 April 2015		13,122
Charge for the year		10,048
Eliminated on disposals		(6,340)
At 31 March 2016		16,830
Net book value
At 31 March 2016		36,719
At 31 March 2015		12,561

Page 3

Radsafety Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2016 ......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		80			80			80			80
Ordinary A of £1 each		20			20			20			20
		100			100			100			100

Page 4