Abbreviated Company Accounts - REASSURINGLY AVERAGE AUDIO LIMITED

REASSURINGLY AVERAGE AUDIO LIMITED - Company Information

Registered Number 06465946

REASSURINGLY AVERAGE AUDIO LIMITED

Abbreviated Accounts

31 January 2014

REASSURINGLY AVERAGE AUDIO LIMITED Registered Number 06465946

Abbreviated Balance Sheet as at 31 January 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,978	2,637
		1,978	2,637
Current assets
Debtors		914	5,289
Cash at bank and in hand		49	9,799
		963	15,088
Creditors: amounts falling due within one year		(2,597)	(17,350)
Net current assets (liabilities)		(1,634)	(2,262)
Total assets less current liabilities		344	375
Total net assets (liabilities)		344	375
Capital and reserves
Called up share capital		100	100
Profit and loss account		244	275
Shareholders' funds		344	375

For the year ending 31 January 2014 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 1 October 2014

And signed on their behalf by:
Alastair Richard Woods, Director

REASSURINGLY AVERAGE AUDIO LIMITED Registered Number 06465946

Notes to the Abbreviated Accounts for the period ended 31 January 2014

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 the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 25% reducing balance
Computer equipment - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 February 2013	9,506
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2014	9,506
Depreciation
At 1 February 2013	6,869
Charge for the year	659
On disposals	-
At 31 January 2014	7,528
Net book values
At 31 January 2014	1,978
At 31 January 2013	2,637