Abbreviated Company Accounts - RMS COSEC ASSOCIATES LIMITED

RMS COSEC ASSOCIATES LIMITED - Company Information

Registered Number 04148078

RMS COSEC ASSOCIATES LIMITED

Abbreviated Accounts

30 April 2016

RMS COSEC ASSOCIATES LIMITED Registered Number 04148078

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	9,224	12,300
Investments	3	2,787	2,787
		12,011	15,087
Current assets
Debtors		84,892	15,208
Investments		10,000	10,000
Cash at bank and in hand		118,230	180,785
		213,122	205,993
Creditors: amounts falling due within one year		(40,425)	(26,125)
Net current assets (liabilities)		172,697	179,868
Total assets less current liabilities		184,708	194,955
Total net assets (liabilities)		184,708	194,955
Capital and reserves
Called up share capital		2	2
Profit and loss account		184,706	194,953
Shareholders' funds		184,708	194,955

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 20 January 2017

And signed on their behalf by:
Ms R M Sexton, Director

RMS COSEC ASSOCIATES LIMITED Registered Number 04148078

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 and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year,
exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Motor Vehicles - 25% reducing balance
Equipment - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 May 2015	74,393
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	74,393
Depreciation
At 1 May 2015	62,093
Charge for the year	3,076
On disposals	-
At 30 April 2016	65,169
Net book values
At 30 April 2016	9,224
At 30 April 2015	12,300

3Fixed assets Investments
Other investments.