Abbreviated Company Accounts - RAPID IT CONSULTANCY LTD

Abbreviated Company Accounts - RAPID IT CONSULTANCY LTD

RAPID IT CONSULTANCY LTD - Company Information

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Registered Number 09252735

RAPID IT CONSULTANCY LTD

Abbreviated Accounts

31 October 2016

RAPID IT CONSULTANCY LTD Registered Number 09252735

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 4,787 1,757
4,787 1,757
Current assets
Debtors 2,917 -
Cash at bank and in hand 44,472 59,181
47,389 59,181
Creditors: amounts falling due within one year (12,599) (18,533)
Net current assets (liabilities) 34,790 40,648
Total assets less current liabilities 39,577 42,405
Total net assets (liabilities) 39,577 42,405
Capital and reserves
Called up share capital 1 1
Profit and loss account 39,576 42,404
Shareholders' funds 39,577 42,405
  • For the year ending 31 October 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 19 November 2016

And signed on their behalf by:
Hassan Hassan, Director

RAPID IT CONSULTANCY LTD Registered Number 09252735

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

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

2Tangible fixed assets
£
Cost
At 1 November 2015 2,067
Additions 3,384
Disposals -
Revaluations -
Transfers -
At 31 October 2016 5,451
Depreciation
At 1 November 2015 310
Charge for the year 354
On disposals -
At 31 October 2016 664
Net book values
At 31 October 2016 4,787
At 31 October 2015 1,757