RICHMOND_DAY_&_WILSON_LIM - Accounts

RICHMOND DAY & WILSON LIMITED - Company Information

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Company Registration No. 03984960 (England and Wales)

RICHMOND DAY & WILSON LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

RICHMOND DAY & WILSON LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

RICHMOND DAY & WILSON LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

5,192

21,360

Current assets

Debtors

2,644

22,005

Cash at bank and in hand

82,239

72,026

84,883

94,031

Creditors: amounts falling due within one year

(58,686)

(65,255)

Net current assets

26,197

28,776

Total assets less current liabilities

31,389

50,136

31,389

50,136

Capital and reserves

Called up share capital

100

Profit and loss account

31,289

50,036

Shareholders' funds

31,389

50,136

For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 25 September 2014

Mr K Day

Director

Company Registration No. 03984960

RICHMOND DAY & WILSON LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Turnover

Turnover represents amounts receivable for services net of VAT.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

Fixtures, fittings and equipment

20% reducing balance

Motor vehicles

25% reducing balance

1.4

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 April 2013

44,463

Disposals

(28,172)

At 31 March 2014

16,291

Depreciation

At 1 April 2013

23,103

On disposals

(13,516)

Charge for the year

1,512

At 31 March 2014

11,099

Net book value

At 31 March 2014

5,192

At 31 March 2013

21,360

RICHMOND DAY & WILSON LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100