RVX Distribution Ltd - Period Ending 2016-09-30

Registration number: 9235038

RVX Distribution Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2016
 

RVX Distribution Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

RVX Distribution Ltd
(Registration number: 9235038)
Abbreviated Balance Sheet at 30 September 2016

		Note			30 September 2016 £			30 September 2015 £
Fixed assets
Tangible fixed assets					50			75
Current assets
Debtors					2,571			215
Cash at bank and in hand					858			3,511
					3,429			3,726
Creditors: Amounts falling due within one year					(2,857)			(2,244)
Net current assets					572			1,482
Net assets					622			1,557
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					621			1,556
Shareholders' funds					622			1,557

For the year ending 30 September 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 director acknowledges his 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 director on 20 January 2017

.........................................
Mr J L Morgan
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

RVX Distribution Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office Equipment	25% Reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 October 2015		100			100
At 30 September 2016		100			100
Depreciation
At 1 October 2015		25			25
Charge for the year		25			25
At 30 September 2016		50			50
Net book value
At 30 September 2016		50			50
At 30 September 2015		75			75

Page 2

RVX Distribution Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	30 September 2016						30 September 2015
		No.			£			No.			£
Ordinary Shares of £1 each		1			1			1			1

Page 3