Abbreviated Company Accounts - RDS PROPERTY SERVICES (CAMBRIDGE) LTD

RDS PROPERTY SERVICES (CAMBRIDGE) LTD - Company Information

Registered Number 07520466

RDS PROPERTY SERVICES (CAMBRIDGE) LTD

Abbreviated Accounts

31 March 2016

RDS PROPERTY SERVICES (CAMBRIDGE) LTD Registered Number 07520466

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	10,595	14,127
Investments		-	-
		10,595	14,127
Current assets
Stocks		21,333	43,850
Debtors		126,359	51,591
Investments		-	-
Cash at bank and in hand		-	5,502
		147,692	100,943
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(170,162)	(90,808)
Net current assets (liabilities)		(22,470)	10,135
Total assets less current liabilities		(11,875)	24,262
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		(11,875)	24,262
Capital and reserves
Called up share capital		100	100
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		(11,975)	24,162
Shareholders' funds		(11,875)	24,262

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 19 December 2016

And signed on their behalf by:
R M Thorp, Director
S R Thorp, Director

RDS PROPERTY SERVICES (CAMBRIDGE) LTD Registered Number 07520466

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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.

Turnover policy
Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balalnce.

Valuation information and policy
Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 April 2015	35,105
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 March 2016	35,105
Depreciation
At 1 April 2015	20,978
Charge for the year	3,532
On disposals	0
At 31 March 2016	24,510
Net book values
At 31 March 2016	10,595
At 31 March 2015	14,127