Realtide Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02422237 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Realtide Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs. H B Raja

B H Raja

SECRETARY:

Mrs. H B Raja

REGISTERED OFFICE:

30 Beaufort Road

Ealing

London

W5 3EA

REGISTERED NUMBER:

02422237 (England and Wales)

ACCOUNTANTS:

Parvez & Co

Chartered Accountants

20 Greyhound Road

Hammersmith

London

W6 8NX

FIXED ASSETS

Tangible assets

2

1,127,195

1,083,324

CURRENT ASSETS

Debtors

3

579,398

605,476

Cash at bank and in hand

55,544

91,575

634,942

697,051

CREDITORS

Amounts falling due within one year

16,396

52,642

NET CURRENT ASSETS

618,546

644,409

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,745,741

1,727,733

CREDITORS

Amounts falling due after more than one
year

4

1,376,271

NET ASSETS

369,470

351,462

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

369,370

351,362

SHAREHOLDERS' FUNDS

369,470

351,462

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 15 November 2016 and were signed on its behalf
by:

B H Raja - 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).

Tangible fixed assets

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

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

At 1 April 2015

1,103,660

Additions

45,158

At 31 March 2016

1,148,818

DEPRECIATION

At 1 April 2015

20,336

Charge for year

1,287

At 31 March 2016

21,623

NET BOOK VALUE

At 31 March 2016

1,127,195

At 31 March 2015

1,083,324

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 5,336 (31.3.15 - £ 5,336 )

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.3.16

31.3.15

£

Repayable otherwise than by instalments

1,376,271

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

1

100

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors were paid dividends of £50,500 which was shared as follows;

Mr B H Raja £29,200

Mrs H B Raja 21,300

At 31 March 2013 the directors current account had a credit balance of £4849.