Registered number: 08657997

Rab Insight Ltd

Abbreviated accounts

for the year ended 31 August 2016

Rab Insight Ltd

Contents

• Abbreviated Balance sheet
• Notes to the financial statements

Rab Insight Ltd

Abbreviated balance sheet

as at 31 August 2016

		2016		2015
	Notes	£	£	£	£
Fixed Assets
Tangible assets			92		165
Current Asset
Cash at bank and in hand		10,430		12,775
Debtors		-		481
		10,430		13,256
Creditors: amounts falling due within one year	7	(9,689)		(8,501)
Net current assets			741		4,755
Total assets less current liabilities			833		4,920
Net assets			833		4,920
Capital and reserves
Share Capital			1		1
Profit and loss account			832		4,919
Shareholder's funds			833		4,920

The directors' statements required by Sections 475(2) and (3) are shown on the following page which forms part of this Balance Sheet.

Rab Insight Ltd

Registered number: 08657997

Abbreviated balance sheet (continued)

Director's statements required by Sections 475(2) and (3)
for the year ended 31 August 2016

In approving these abbreviated accounts as director of the company I hereby confirm:

(a)	that for the year stated above the company was entitled to the exemption conferred by Section 477 of the Companies Act 2006 ;
(b)	that no notice has been deposited at the registered office of the company pursuant to Section 476 requesting that an audit be conducted for the year ended 31 August 2016 ; and
(c)	that I acknowledge my responsibilities for:
	(1)	ensuring that the company keeps accounting records which comply with Section 386 ; and
	(2)	preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the year then ended in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the provisions of the Companies Act relating to financial statements, so far as applicable to the company.

These abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective April 2008) relating to small companies.

The abbreviated accounts were approved by the Board on 21 March 2017 and signed on its behalf by
Saurabh Singh
Director

Rab Insight Ltd

Notes to the abbreviated financial statements

for the year ended 31 August 2016

1	Accounting policies
1.1	Basis of preparation The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2	Turnover Turnover represents value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
1.3	Tangible fixed assets and depreciation Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
	Motor vehicles	25% straight line
	Equipment, fixtures and fittings	25% straight line
1.4	Stocks Stock is valued at the lower of cost and net realisable value.

4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
		£		£		£
	Cost
	At 1 September 2015	293		-		293
	At 31 August 2016	293		-		293
	Depreciation
	At 1 September 2015	128		-		128
	Charge for the year	73		-		73
	At 31 August 2016	201		-		201
	Net book value
	At 31 August 2016	92		-		92
	At 31 August 2015	165		-		165

8	Share capital	2016		2015		2016		2015
		No		No		£		£
	Allotted, called up and fully paid:
	Ordinary shares of £ 1 each	1		1		1		1

11	Controlling interest
	The controlling and ultimate controlling party is Saurabh Singh, the director of the company, by virtue of the fact that he/she owns 100% of the issued share capital.

12	Transactions with directors
	Advances to director
	The following director had interest free loans during the year. The movements on these loans are as follows:
		Amount owing at end of
		2016		2015		Max in year
		£		£		£
	Director's loan account for Saurabh Singh	0		481		0

13	Going concern
	The director has reviewed the twelve months ahead and has considered the company's financial position and notes no material uncertainties that may cast significant doubt about the ability of it to continue as a going concern.