Abbreviated Company Accounts - SECOND RUN LIMITED

SECOND RUN LIMITED - Company Information

05048361 SECOND RUN LIMITED 2016-02-29 false 2015-03-01 2016-02-29 true 05048361 2015-03-01 2016-02-29 05048361 2016-02-29 05048361 2015-02-28 05048361 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-29 05048361 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 05048361

SECOND RUN LIMITED

Abbreviated Accounts

29 February 2016

SECOND RUN LIMITED Registered Number 05048361

Abbreviated Balance Sheet as at 29 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	-	-
		-	-
Current assets
Stocks		17,882	17,711
Debtors		44,170	41,325
Cash at bank and in hand		6,170	3,136
		68,222	62,172
Creditors: amounts falling due within one year		(223,653)	(218,695)
Net current assets (liabilities)		(155,431)	(156,523)
Total assets less current liabilities		(155,431)	(156,523)
Total net assets (liabilities)		(155,431)	(156,523)
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		(156,431)	(157,523)
Shareholders' funds		(155,431)	(156,523)

For the year ending 29 February 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 6 March 2017

And signed on their behalf by:
M Modi, Director

SECOND RUN LIMITED Registered Number 05048361

Notes to the Abbreviated Accounts for the period ended 29 February 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.

Tangible assets depreciation policy
Depreciation is provided on all fixed assets to write off the cost of each asset evenly over its expected useful life using the following rates:

Office equipment - 25%

Valuation information and policy
Stock:
Stock of films for sale have been valued by the director at the lower of cost or net realizable value.

Other accounting policies
Controlling Party:
The director is the company's ultimate controlling party.

2Tangible fixed assets

	£
Cost
At 1 March 2015	1,377
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 29 February 2016	1,377
Depreciation
At 1 March 2015	1,377
Charge for the year	-
On disposals	-
At 29 February 2016	1,377
Net book values
At 29 February 2016	0
At 28 February 2015	0

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

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000