R R Leisureways (UK) Limited - Abbreviated accounts

R.R. LEISUREWAYS (U.K.) LIMITED - Company Information

Registered number

01446157

R R Leisureways (UK) Limited

Abbreviated Accounts

31 July 2016

R R Leisureways (UK) Limited
Registered number:		01446157
Abbreviated Balance Sheet
as at 31 July 2016

Notes			2016		2015

Fixed assets
Tangible assets	2		117,884		120,075

Current assets
Debtors	3	1,925		1,861
Cash at bank and in hand		33,508		30,555
		35,433		32,416

Creditors: amounts falling due within one year		(129,691)		(136,379)

Net current liabilities			(94,258)		(103,963)

Net assets			23,626		16,112

Capital and reserves
Called up share capital	4		100		100
Profit and loss account			23,526		16,012

Shareholders' funds			23,626		16,112

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



R Hinchliffe
Director
Approved by the board on 28 October 2016

R R Leisureways (UK) Limited
Notes to the Abbreviated Accounts
for the year ended 31 July 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			15% reducing balance
	Leasehold buildings			1.16% straight line

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Leasing and hire purchase commitments
	Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Tangible fixed assets

	Cost
	At 1 August 2015				202,925
	At 31 July 2016				202,925

	Depreciation
	At 1 August 2015				82,850
	Charge for the year				2,191
	At 31 July 2016				85,041

	Net book value
	At 31 July 2016				117,884
	At 31 July 2015				120,075


3	Debtors				2016	2015

	Debtors include:

	Amounts due after more than one year				1,925	1,861


4	Share capital	Nominal		2016	2016	2015
value			Number
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100	100	100