Red Snapper Training Ltd - Accounts to registrar - small 16.3d

REGISTERED NUMBER: 07110600 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st May 2016

for

Red Snapper Training Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Jerrold

H J Jerrold

REGISTERED OFFICE:

3rd Floor Octavia House

50 Banner Street

London

EC1Y 8ST

REGISTERED NUMBER:

07110600 (England and Wales)

ACCOUNTANTS:

Sigma Partners

Gloucester House

Church Walk

Burgess Hill

West Sussex

RH15 9AS

CREDITORS

Amounts falling due within one year

3

90,905

90,905

NET CURRENT LIABILITIES

(90,905

)

(90,905

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(90,905

)

(90,905

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(91,005

)

(91,005

)

SHAREHOLDERS' FUNDS

(90,905

)

(90,905

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13th February 2017 and were signed on its behalf by:

H J Jerrold - Director

1.	STATUTORY INFORMATION

Red Snapper Training Ltd is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

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

the balance sheet date.

Going concern

Although liabilities exceed assets by £90,905 the accounts have been drawn up on a going concern

basis as the directors of the connected company has confirmed that they will offer financial support to

the company as long as necessary.

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other creditors

90,905

90,905

4.	RELATED PARTY DISCLOSURES

Red Snapper Learning Ltd, a company under common control, provided a loan to the company which

at the balance sheet date totalled £90,905. (2015-£90,905)

5.	ULTIMATE CONTROLLING PARTY

The controlling party is M Jerrold.