Abbreviated Company Accounts - RITEWELD ENGINEERING LIMITED

Abbreviated Company Accounts - RITEWELD ENGINEERING LIMITED

RITEWELD ENGINEERING LIMITED - Company Information

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Registered Number 04516333

RITEWELD ENGINEERING LIMITED

Abbreviated Accounts

30 June 2016

RITEWELD ENGINEERING LIMITED Registered Number 04516333

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 38,364 33,026
38,364 33,026
Current assets
Stocks 96,800 79,776
Debtors 584,682 636,292
Cash at bank and in hand 554,346 121,870
1,235,828 837,938
Creditors: amounts falling due within one year (353,649) (282,367)
Net current assets (liabilities) 882,179 555,571
Total assets less current liabilities 920,543 588,597
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities (5,381) (5,053)
Total net assets (liabilities) 915,162 583,544
Capital and reserves
Called up share capital 100 100
Profit and loss account 915,062 583,444
Shareholders' funds 915,162 583,544
  • For the year ending 30 June 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 20 March 2017

And signed on their behalf by:
D Young, Director

RITEWELD ENGINEERING LIMITED Registered Number 04516333

Notes to the Abbreviated Accounts for the period ended 30 June 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
The turnover shown in profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

2Tangible fixed assets
£
Cost
At 1 July 2015 155,518
Additions 13,325
Disposals -
Revaluations -
Transfers -
At 30 June 2016 168,843
Depreciation
At 1 July 2015 122,492
Charge for the year 7,987
On disposals -
At 30 June 2016 130,479
Net book values
At 30 June 2016 38,364
At 30 June 2015 33,026