Abbreviated Company Accounts - REPSOLE LTD

Abbreviated Company Accounts - REPSOLE LTD

REPSOLE LTD - Company Information

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Registered Number 04759948

REPSOLE LTD

Abbreviated Accounts

31 March 2016

REPSOLE LTD Registered Number 04759948

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 12,568 18,853
Tangible assets 3 1,431,500 926,797
1,444,068 945,650
Current assets
Stocks - 272,189
Debtors 14,127 939,002
Cash at bank and in hand 326,033 69,946
340,160 1,281,137
Creditors: amounts falling due within one year (274,989) (919,160)
Net current assets (liabilities) 65,171 361,977
Total assets less current liabilities 1,509,239 1,307,627
Creditors: amounts falling due after more than one year (185,878) (218,746)
Provisions for liabilities (21,494) (20,051)
Total net assets (liabilities) 1,301,867 1,068,830
Capital and reserves
Called up share capital 130,100 130,100
Revaluation reserve 653,966 367,182
Profit and loss account 517,801 571,548
Shareholders' funds 1,301,867 1,068,830
  • 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 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 29 September 2016

And signed on their behalf by:
S A NORTH, Director

REPSOLE LTD Registered Number 04759948

Notes to the Abbreviated Accounts for the period ended 31 March 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.

2Intangible fixed assets
£
Cost
At 1 April 2015 137,746
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 137,746
Amortisation
At 1 April 2015 118,893
Charge for the year 6,285
On disposals -
At 31 March 2016 125,178
Net book values
At 31 March 2016 12,568
At 31 March 2015 18,853
3Tangible fixed assets
£
Cost
At 1 April 2015 1,377,109
Additions 305,793
Disposals (22,860)
Revaluations 286,784
Transfers -
At 31 March 2016 1,946,826
Depreciation
At 1 April 2015 450,312
Charge for the year 70,729
On disposals (5,715)
At 31 March 2016 515,326
Net book values
At 31 March 2016 1,431,500
At 31 March 2015 926,797