Retained 1st Limited

Retained 1st Limited

RETAINED 1ST LIMITED - Company Information

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1 March 2015 true false 088933142015-02-28 088933142015-03-012016-01-31 088933142016-01-31 088933142015-02-28 08893314uk-bus:Director12015-03-012016-01-31 08893314uk-gaap:PlantMachinery2015-03-012016-01-31 08893314uk-gaap:PlantMachinery2015-02-28 08893314uk-gaap:MotorVehicles2015-02-28 08893314uk-gaap:MotorVehicles2015-03-012016-01-31 08893314uk-gaap:PlantMachinery2016-01-31 08893314uk-gaap:MotorVehicles2016-01-31 08893314uk-bus:OrdinaryShareClass12016-01-31 08893314uk-bus:OrdinaryShareClass12015-03-012016-01-31 08893314uk-bus:OrdinaryShareClass12015-02-28 iso4217:GBP xbrli:shares
Company Registration No. 08893314 (England and Wales)
Retained 1st Limited Abbreviated unaudited accounts for the period from 1 March 2015 to 31 January 2016
Retained 1st Limited Abbreviated Balance Sheet as at 31 January 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
2
25,452 
25,376 
Current assets
Stocks
- 
2,594 
Debtors
111,413 
119,565 
Cash at bank and in hand
53,586 
44,346 
164,999 
166,505 
Creditors: amounts falling due within one year
(27,560)
(26,133)
Net current assets
137,439 
140,372 
Total assets less current liabilities
162,891 
165,748 
Creditors: amounts falling due after more than one year
(117,462)
(129,324)
Net assets
45,429 
36,424 
Capital and reserves
Called up share capital
3
51 
51 
Profit and loss account
45,378 
36,373 
Total shareholders' funds
45,429 
36,424 
For the period ending 31 January 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 9 November 2016
G Darke Director Company Registration No. 08893314
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Retained 1st Limited Notes to the Abbreviated Accounts for the period from 1 March 2015 to 31 January 2016
1
Accounting policies
Basis of preparation
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
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation is calculated to write down the cost of tangible assets over their expected useful economic lives as follows:
Plant & machinery
Straight Line Depreciation
2
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost
At 1 March 2015
26,913 
- 
26,913 
Additions
- 
2,500 
2,500 
At 31 January 2016
26,913 
2,500 
29,413 
Depreciation
At 1 March 2015
1,537 
- 
1,537 
Charge for the year
2,049 
375 
2,424 
At 31 January 2016
3,586 
375 
3,961 
Net book value
At 31 January 2016
23,327 
2,125 
25,452 
At 28 February 2015
25,376 
- 
25,376 
3
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
51 Ordinary shares of £1 each
51 
51 
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