Raise The Bar Limited - Limited company - abbreviated - 11.0.0

Raise The Bar Limited - Limited company - abbreviated - 11.0.0


05210686 1.9.13 31.8.14 31.8.14 Company accounts Private Limited Company FY true false true false true false false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure052106862013-08-31052106862014-08-31052106862013-09-012014-08-31052106862012-08-31052106862012-09-012013-08-31052106862013-08-3105210686ns12:England2013-09-012014-08-3105210686ns14:PoundSterling2013-09-012014-08-3105210686ns7:Director12013-09-012014-08-3105210686ns7:Director22013-09-012014-08-3105210686ns7:OrdinaryShareClass22013-09-012014-08-3105210686ns7:OrdinaryShareClass32013-09-012014-08-3105210686ns7:CompanySecretary2013-09-012014-08-3105210686ns7:RegisteredOffice2013-09-012014-08-3105210686ns7:EntityAccountantsOrAuditors2013-09-012014-08-3105210686ns5:FixturesFittings2013-09-012014-08-3105210686ns5:ComputerEquipment2013-09-012014-08-3105210686ns7:OrdinaryShareClass22014-08-3105210686ns7:OrdinaryShareClass22013-08-3105210686ns7:OrdinaryShareClass32014-08-3105210686ns7:OrdinaryShareClass32013-08-31
REGISTERED NUMBER: 05210686 (England and Wales)















Abbreviated Accounts for the Year Ended 31 August 2014

for

Raise The Bar Limited

Raise The Bar Limited (Registered number: 05210686)






Contents of the Abbreviated Accounts
for the Year Ended 31 August 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Raise The Bar Limited

Company Information
for the Year Ended 31 August 2014







DIRECTORS: S J Smith
J N Stanger





SECRETARY: J N Stanger





REGISTERED OFFICE: 13a Tiger Court
Kings Business Park
Knowsley
Merseyside
L34 1PJ





REGISTERED NUMBER: 05210686 (England and Wales)





ACCOUNTANTS: Cobhams Limited
Ground Floor
73 Liverpool Road
Crosby
Merseyside
L23 5SE

Raise The Bar Limited (Registered number: 05210686)

Abbreviated Balance Sheet
31 August 2014

31.8.14 31.8.13
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 188,932 7,035

CURRENT ASSETS
Debtors 135,337 213,596
Cash at bank and in hand 302,546 186,760
437,883 400,356
CREDITORS
Amounts falling due within one year 580,601 397,602
NET CURRENT (LIABILITIES)/ASSETS (142,718 ) 2,754
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,214

9,789

PROVISIONS FOR LIABILITIES 924 1,023
NET ASSETS 45,290 8,766

CAPITAL AND RESERVES
Called up share capital 3 4 4
Profit and loss account 45,286 8,762
SHAREHOLDERS' FUNDS 45,290 8,766

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable
to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 4 November 2014 and were signed on its behalf by:




J N Stanger - Director



S J Smith - Director


Raise The Bar Limited (Registered number: 05210686)

Notes to the Abbreviated Accounts
for the Year Ended 31 August 2014

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective April 2008).

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the
lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 September 2013 25,418
Additions 184,360
At 31 August 2014 209,778
DEPRECIATION
At 1 September 2013 18,383
Charge for year 2,463
At 31 August 2014 20,846
NET BOOK VALUE
At 31 August 2014 188,932
At 31 August 2013 7,035

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.14 31.8.13
value: £    £   
2 Ordinary A £1 2 2
2 Ordinary B £1 2 2
4 4

The A and B shares rank pari passu in all respects.

4. RELATED PARTY DISCLOSURES

During the year, total dividends of £70,235 (2013 - £78,126) were paid to the directors .

Raise The Bar Limited (Registered number: 05210686)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 August 2014

4. RELATED PARTY DISCLOSURES - continued

S J Smith

31.8.14 31.8.13
£    £   
Amount due to related party at the balance sheet date 54,144 54,048

J N Stanger

31.8.14 31.8.13
£    £   
Amount due to related party at the balance sheet date 55,763 55,243