Redberry Solutions UK Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06823157 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Redberry Solutions UK Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

B T Korican

Mrs S L Payne

REGISTERED OFFICE:

1st Floor

2 Woodberry Grove

North Finchley

London

N12 0DR

REGISTERED NUMBER:

06823157 (England and Wales)

ACCOUNTANTS:

Blackwood Futcher & Co.

Chartered Accountants

9 St George's Yard

Farnham

Surrey

GU9 7LW

FIXED ASSETS

Tangible assets

2

1,405

-

CURRENT ASSETS

Debtors

8,266

20

Cash at bank

78,548

65,333

86,814

65,353

CREDITORS

Amounts falling due within one year

79,477

58,456

NET CURRENT ASSETS

7,337

6,897

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,742

6,897

PROVISIONS FOR LIABILITIES

281

-

NET ASSETS

8,461

6,897

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

8,457

6,893

SHAREHOLDERS' FUNDS

8,461

6,897

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 December 2016 and were signed on its behalf
by:

B T Korican - Director

1.	ACCOUNTING POLICIES

Accounting convention

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

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,873

At 31 March 2016

1,873

DEPRECIATION

Charge for year

468

At 31 March 2016

468

NET BOOK VALUE

At 31 March 2016

1,405

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

A Ordinary

£1

3

1

B Ordinary

£1

1

4

4.	RELATED PARTY DISCLOSURES

During the year the company was provided with consultancy services amounting to £33,600 (2015 £16,414), by

Redberry Financial Limited, a company in which B T Korican, a director of the company, has a material interest.

At the balance sheet date the company owed £57,214 (2015 £51,165) to Redberry Financial Limited.

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is B T Korican.