Rosenlong Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 01589199 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

ROSENLONG LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

I Patel

SECRETARY:

Mrs D Patel

REGISTERED OFFICE:

486 Harrow Road

London

W9 3QA

REGISTERED NUMBER:

01589199 (England and Wales)

ACCOUNTANTS:

McAk & CO

Accountants

No15, 1st Floor,

Princeton Mews,

167-169 London Road,

Kingston Upon Thames

Surrey

KT2 6PT

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

6,332

6,250

6,332

6,250

CURRENT ASSETS

Stocks

58,565

62,436

Debtors

97,905

195,792

Cash at bank and in hand

630,249

328,055

786,719

586,283

CREDITORS

Amounts falling due within one year

(225,184

)

(241,748

)

NET CURRENT ASSETS

561,535

344,535

TOTAL ASSETS LESS CURRENT
LIABILITIES

567,867

350,785

CAPITAL AND RESERVES

Called up share capital

4

25,000

Profit and loss account

542,867

325,785

SHAREHOLDERS' FUNDS

567,867

350,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 5 January 2017 and were signed by:

I Patel - 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).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1982, is being amortised evenly over its estimated useful life of twenty years.

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

-

15% on reducing balance

Stocks

Stocks is valued at the lower of cost and net realisable value,and is valued by professional valuers.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

42,165

AMORTISATION

At 1 May 2015

and 30 April 2016

42,165

NET BOOK VALUE

At 30 April 2016

-

At 30 April 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

30,866

Additions

1,408

At 30 April 2016

32,274

DEPRECIATION

At 1 May 2015

24,616

Charge for year

1,326

At 30 April 2016

25,942

NET BOOK VALUE

At 30 April 2016

6,332

At 30 April 2015

6,250

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

50,000

Ordinary

£1

25,000