Abbreviated Company Accounts - RHINOS LIMITED

05616553 RHINOS LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 05616553 2015-05-01 2016-04-30 05616553 2016-04-30 05616553 2015-04-30 05616553 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 05616553 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 05616553

RHINOS LIMITED

Abbreviated Accounts

30 April 2016

RHINOS LIMITED Registered Number 05616553

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,383,625	2,399,522
		2,383,625	2,399,522
Current assets
Debtors		17,943	14,231
Cash at bank and in hand		15,095	24,869
		33,038	39,100
Creditors: amounts falling due within one year		(297,146)	(451,632)
Net current assets (liabilities)		(264,108)	(412,532)
Total assets less current liabilities		2,119,517	1,986,990
Creditors: amounts falling due after more than one year		(533,178)	(755,964)
Provisions for liabilities		(4,725)	(7,904)
Total net assets (liabilities)		1,581,614	1,223,122
Capital and reserves
Called up share capital	3	100	100
Revaluation reserve		1,117,263	1,015,023
Profit and loss account		464,251	207,999
Shareholders' funds		1,581,614	1,223,122

For the year ending 30 April 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 directors acknowledge their 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 Board on 31 January 2017

And signed on their behalf by:
Dean Morling, Director

RHINOS LIMITED Registered Number 05616553

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015)

Tangible assets depreciation policy
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 :

Fixtures and fittings - straight line 15%
Equipment - straight line 20%
Motor Vehicles - straight line 20%

2Tangible fixed assets

	£
Cost
At 1 May 2015	2,442,073
Additions	18,248
Disposals	(120,239)
Revaluations	102,239
Transfers	-
At 30 April 2016	2,442,321
Depreciation
At 1 May 2015	42,551
Charge for the year	16,145
On disposals	-
At 30 April 2016	58,696
Net book values
At 30 April 2016	2,383,625
At 30 April 2015	2,399,522

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100