Resaytec Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09538244 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 13 April 2015 to 30 June 2016

for

Resaytec Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

T P Churcher

P G Fenton

SECRETARY:

REGISTERED OFFICE:

The Old Barn

Deanes Close

Steventon

Oxfordshire

OX13 6SZ

REGISTERED NUMBER:

09538244 (England and Wales)

ACCOUNTANTS:

Poolemead Accountants Limited

39 Chapel Road

Southampton

Hampshire

SO30 3FG

FIXED ASSETS

Tangible assets

2

1,100

CURRENT ASSETS

Stocks

29

Debtors

187,331

187,360

CREDITORS

Amounts falling due within one year

124,917

NET CURRENT ASSETS

62,443

TOTAL ASSETS LESS CURRENT LIABILITIES

63,543

CREDITORS

Amounts falling due after more than one year

10,000

NET ASSETS

53,543

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

53,443

SHAREHOLDERS' FUNDS

53,543

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

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

The directors acknowledge their 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 Board of Directors on 9 January 2017 and were signed on its behalf by:

T P Churcher - 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,240

At 30 June 2016

1,240

DEPRECIATION

Charge for period

140

At 30 June 2016

140

NET BOOK VALUE

At 30 June 2016

1,100

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100