Abbreviated Company Accounts - R.A.K. LIMITED

Abbreviated Company Accounts - R.A.K. LIMITED


Registered Number 03942656

R.A.K. LIMITED

Abbreviated Accounts

30 September 2013

R.A.K. LIMITED Registered Number 03942656

Abbreviated Balance Sheet as at 30 September 2013

Notes 2013 2012
£ £
Current assets
Debtors 655,988 493,661
655,988 493,661
Creditors: amounts falling due within one year (721,232) (539,125)
Net current assets (liabilities) (65,244) (45,464)
Total assets less current liabilities (65,244) (45,464)
Total net assets (liabilities) (65,244) (45,464)
Capital and reserves
Called up share capital 1 1
Profit and loss account (65,245) (45,465)
Shareholders' funds (65,244) (45,464)
  • For the year ending 30 September 2013 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 28 July 2014

And signed on their behalf by:
D R Kitchener, Director

R.A.K. LIMITED Registered Number 03942656

Notes to the Abbreviated Accounts for the period ended 30 September 2013

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.

At 30 September 2013, the company had net liabilities of £65,244. The company is reliant on the support of the director and other related parties. It is the intention of the director and the related parties to support the company and therefore these accounts have been prepared on a going concern basis.

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts