RUBY RABBIT LIMITED Small abbreviated accounts

RUBY RABBIT LIMITED Small abbreviated accounts


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COMPANY REGISTRATION NUMBER 09744995
RUBY RABBIT LIMITED
UNAUDITED ABBREVIATED ACCOUNTS
31 August 2016
RUBY RABBIT LIMITED
ABBREVIATED BALANCE SHEET
31 August 2016
31 Aug 16
Note
£
£
FIXED ASSETS
2
Tangible assets
274
CURRENT ASSETS
Cash at bank and in hand
1,731
CREDITORS: Amounts falling due within one year
7,348
-------
NET CURRENT LIABILITIES
( 5,617)
-------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 5,343)
-------
CAPITAL AND RESERVES
Called up equity share capital
3
2
Profit and loss account
( 5,345)
-------
DEFICIT
( 5,343)
-------
For the period from 24 August 2015 to 31 August 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
These abbreviated accounts were approved by the directors and authorised for issue on 6 February 2017 , and are signed on their behalf by:
Ms S E Hardy Director
Company Registration Number: 09744995
The Director(s) have opted to exclude a profit and loss account under the exemption provided by S444 Companies Act 2006.
RUBY RABBIT LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
PERIOD FROM 24 AUGUST 2015 TO 31 AUGUST 2016
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the period. ***Enter additional text in reportpad TurnoverUITF which will appear after the main turnover policy.***
Fixed assets
All fixed assets are initially recorded at cost .
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
2. FIXED ASSETS
Tangible Assets
£
COST
Additions
274
----
At 31 August 2016
274
----
DEPRECIATION
----
NET BOOK VALUE
At 31 August 2016
274
----
At 23 August 2015
----
3. SHARE CAPITAL
Allotted, called up and fully paid:
No.
£
Ordinary shares of £ 1 each
2
2
----
----
RUBY RABBIT LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTORS ON THE
PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF
RUBY RABBIT LIMITED
PERIOD FROM 24 AUGUST 2015 TO 31 AUGUST 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of RUBY RABBIT LIMITED for the period ended 31 August 2016 which comprise the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.
This report is made solely to the Board of Directors of RUBY RABBIT LIMITED, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the abbreviated accounts of RUBY RABBIT LIMITED and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 02/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RUBY RABBIT LIMITED and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that RUBY RABBIT LIMITED has kept adequate accounting records and to prepare statutory abbreviated accounts that give a true and fair view of the assets, liabilities, financial position and loss of RUBY RABBIT LIMITED. You consider that RUBY RABBIT LIMITED is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the abbreviated accounts of RUBY RABBIT LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory abbreviated accounts.
1ST CONTACT ACCOUNTING PART OF SABLE GROUP Chartered Accountants
Lower Ground Level Castlewood House 77/91 New Oxford St London WC1A 1DG
6 February 2017