Remarkable Partnerships Ltd - Period Ending 2016-03-31

Registration number: 08429619

Remarkable Partnerships Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Thandi & Co
7a Harmer Street
Gravesend
Kent
DA12 2AP

Remarkable Partnerships Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Remarkable Partnerships Ltd
for the Year Ended 31 March 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Remarkable Partnerships Ltd for the year ended 31 March 2016 set out on pages from the company's accounting records and from information and explanations you have given us.

It is your duty to ensure that Remarkable Partnerships Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Remarkable Partnerships Ltd. You consider that Remarkable Partnerships Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Remarkable Partnerships Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Thandi & Co
7a Harmer Street
Gravesend
Kent
DA12 2AP

27 November 2016

Page 1

Remarkable Partnerships Ltd
(Registration number: 08429619)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					-			557
Current assets
Debtors					-			16
Cash at bank and in hand					4,837			1,704
					4,837			1,720
Creditors: Amounts falling due within one year					(19,119)			(27,533)
Net current liabilities					(14,282)			(25,813)
Net liabilities					(14,282)			(25,256)
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					(14,382)			(25,356)
Shareholders' deficit					(14,282)			(25,256)

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 director acknowledges his 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 director on 27 November 2016

.........................................
Mr Jonathan Andrews
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Remarkable Partnerships Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided for over the estimated useful economic life of fixed assets on a straight line basis.

Asset class	Depreciation method and rate
Office Equipment	Straight Line Basis at 33 % per annum

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Remarkable Partnerships Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2015		1,672			1,672
At 31 March 2016		1,672			1,672
Depreciation
At 1 April 2015		1,115			1,115
Charge for the year		557			557
At 31 March 2016		1,672			1,672
Net book value
At 31 March 2016		-			-
At 31 March 2015		557			557

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary Shares of £1 each		100			100			100			100

Page 4