Abbreviated Company Accounts - RAVEL ELECTRONICS LTD

Abbreviated Company Accounts - RAVEL ELECTRONICS LTD

RAVEL ELECTRONICS LTD - Company Information

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Registered Number 08068491

RAVEL ELECTRONICS LTD

Abbreviated Accounts

31 May 2016

RAVEL ELECTRONICS LTD Registered Number 08068491

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 645 -
645 -
Current assets
Stocks 19,000 19,602
Debtors 418,040 62,651
Cash at bank and in hand 148,393 48,798
585,433 131,051
Creditors: amounts falling due within one year (395,333) (95,803)
Net current assets (liabilities) 190,100 35,248
Total assets less current liabilities 190,745 35,248
Provisions for liabilities (129) -
Total net assets (liabilities) 190,616 35,248
Capital and reserves
Called up share capital 10 10
Profit and loss account 190,606 35,238
Shareholders' funds 190,616 35,248
  • For the year ending 31 May 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 22 February 2017

And signed on their behalf by:
SA Hussain, Director

RAVEL ELECTRONICS LTD Registered Number 08068491

Notes to the Abbreviated Accounts for the period ended 31 May 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 April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

2Tangible fixed assets
£
Cost
At 1 June 2015 -
Additions 859
Disposals -
Revaluations -
Transfers -
At 31 May 2016 859
Depreciation
At 1 June 2015 -
Charge for the year 214
On disposals -
At 31 May 2016 214
Net book values
At 31 May 2016 645
At 31 May 2015 -