Rightmarts Limited - Limited company - abbreviated - 11.0.0
Rightmarts Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2013 |
| FOR |
| RIGHTMARTS LIMITED |
| TRADING AS |
| MOORE STORES |
| RIGHTMARTS LIMITED (REGISTERED NUMBER: 02412190) |
| TRADING AS MOORE STORES |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| RIGHTMARTS LIMITED |
| TRADING AS MOORE STORES |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 OCTOBER 2013 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| RIGHTMARTS LIMITED (REGISTERED NUMBER: 02412190) |
| TRADING AS MOORE STORES |
| ABBREVIATED BALANCE SHEET |
| 31 OCTOBER 2013 |
| 2013 | 2012 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET LIABILITIES | ( |
) | ( |
) |
| RIGHTMARTS LIMITED (REGISTERED NUMBER: 02412190) |
| TRADING AS MOORE STORES |
| ABBREVIATED BALANCE SHEET - continued |
| 31 OCTOBER 2013 |
| 2013 | 2012 |
| Notes | £ | £ | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Share premium |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the Board of Directors on signed on its behalf by: |
| RIGHTMARTS LIMITED (REGISTERED NUMBER: 02412190) |
| TRADING AS MOORE STORES |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2013 |
| 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 April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Goodwill |
| Goodwill has been fully written off. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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 timing differences that have originated but not |
| reversed at the balance sheet date. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the |
| balance sheet. Those held under hire purchase contracts are depreciated over their |
| estimated useful lives. Those held under finance leases are depreciated over their |
| estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the |
| relevant period. The capital element of the future payments is treated as a liability. |
| Operating leases |
| The rentals on operating leases are charged to profit and loss account on a payable basis. |
| Going concern |
| The accounts have been prepared on a going concern basis , the validity of which is |
| dependent on the continuing support of the company's bankers and creditors. In the |
| absence of such support the going concern basis would be invalid and provisions would |
| have to be made for any losses on realisation of the company's assets that might arise. |
| RIGHTMARTS LIMITED (REGISTERED NUMBER: 02412190) |
| TRADING AS MOORE STORES |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 OCTOBER 2013 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 November 2012 |
| and 31 October 2013 |
| AMORTISATION |
| At 1 November 2012 |
| and 31 October 2013 |
| NET BOOK VALUE |
| At 31 October 2013 |
| At 31 October 2012 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 November 2012 |
| Additions |
| At 31 October 2013 |
| DEPRECIATION |
| At 1 November 2012 |
| Charge for year |
| At 31 October 2013 |
| NET BOOK VALUE |
| At 31 October 2013 |
| At 31 October 2012 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2013 | 2012 |
| value: | £ | £ |
| Ordinary | 100 |
| RIGHTMARTS LIMITED (REGISTERED NUMBER: 02412190) |
| TRADING AS MOORE STORES |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 OCTOBER 2013 |
| 6. | RELATED PARTY DISCLOSURES |
| The directors of the company are also directors of Denmax Limited and at the balance sheet |
| date , the directors held 100% of the issued share capital of Denmax Limited . At the balance |
| sheet date amount due to Denmax Limited was £208,778. |
| The directors have provided unlimited guarantee to both the bank overdraft and loan. |