Abbreviated Company Accounts - RANFURLY ESTATES LIMITED
Abbreviated Company Accounts - RANFURLY ESTATES LIMITED
Registered Number SC120407
RANFURLY ESTATES LIMITED
Abbreviated Accounts
31 March 2016
RANFURLY ESTATES LIMITED Registered Number SC120407
Abbreviated Balance Sheet as at 31 March 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Current assets | |||
Stocks |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 2 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
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 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
And signed on their behalf by:
RANFURLY ESTATES LIMITED Registered Number SC120407
Notes to the Abbreviated Accounts for the period ended 31 March 2016
1Accounting Policies
Basis of measurement and preparation of accounts
The company meets its working capital requirements through the support of the director. The director has indicated that this support will continue. Accordingly, he considers it to be appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of these financial resources.
Turnover policy
Other accounting policies
Work in progress is valued at the lower of cost and net realisable value. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred Tax
Deferred tax is recognised in respect of all timing differences that have not originated but not reversed at the balance sheet date.