Abbreviated Company Accounts - RTH ASSOCIATES LIMITED

RTH ASSOCIATES LIMITED - Company Information

Registered Number 05181092

RTH ASSOCIATES LIMITED

Abbreviated Accounts

31 July 2016

RTH ASSOCIATES LIMITED Registered Number 05181092

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	544	1,088
		544	1,088
Current assets
Debtors		107,383	58,356
Cash at bank and in hand		223,638	31,049
		331,021	89,405
Creditors: amounts falling due within one year		(330,792)	(89,880)
Net current assets (liabilities)		229	(475)
Total assets less current liabilities		773	613
Total net assets (liabilities)		773	613
Capital and reserves
Called up share capital		100	100
Profit and loss account		673	513
Shareholders' funds		773	613

For the year ending 31 July 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 21 November 2016

And signed on their behalf by:
R P FRANCIS, Director

RTH ASSOCIATES LIMITED Registered Number 05181092

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - over 4 years
Equipment - over 5 years

2Tangible fixed assets

	£
Cost
At 1 August 2015	4,067
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	4,067
Depreciation
At 1 August 2015	2,979
Charge for the year	544
On disposals	-
At 31 July 2016	3,523
Net book values
At 31 July 2016	544
At 31 July 2015	1,088