Rredmond Holdings Limited


1 August 2015 true false 076901022015-07-31 076901022015-08-012016-07-31 076901022016-07-31 076901022015-07-31 07690102uk-bus:Director12015-08-012016-07-31 07690102uk-gaap:PlantMachinery2015-08-012016-07-31 07690102uk-bus:OrdinaryShareClass12016-07-31 07690102uk-bus:OrdinaryShareClass12015-08-012016-07-31 07690102uk-bus:OrdinaryShareClass12015-07-31 iso4217:GBP xbrli:shares
Company Registration No. 07690102 (England and Wales)
Rredmond Holdings Limited Abbreviated unaudited accounts for the year ended 31 July 2016
Rredmond Holdings Limited Abbreviated Balance Sheet as at 31 July 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
124,206 
131,139 
Investments
2 
2 
124,208 
131,141 
Current assets
Debtors
45,000 
- 
Cash at bank and in hand
874 
941 
45,874 
941 
Creditors: amounts falling due within one year
(58,158)
(149,200)
Net current liabilities
(12,284)
(148,259)
Total assets less current liabilities
111,924 
(17,118)
Creditors: amounts falling due after more than one year
(136,442)
- 
Net liabilities
(24,518)
(17,118)
Capital and reserves
Called up share capital
5 
5 
Profit and loss account
(24,523)
(17,123)
Total shareholders' funds
(24,518)
(17,118)
For the year ending 31 July 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 25 February 2017
Robert Redmond Director Company Registration No. 07690102
- 2 -
Rredmond Holdings Limited Notes to the Abbreviated Accounts for the year ended 31 July 2016
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing balance
2
Tangible fixed assets
£ 
Cost
At 1 August 2015
145,006 
At 31 July 2016
145,006 
Depreciation
At 1 August 2015
13,867 
Charge for the year
6,933 
At 31 July 2016
20,800 
Net book value
At 31 July 2016
124,206 
At 31 July 2015
131,139 
3
Investments
£ 
Cost
At 1 August 2015
2 
At 31 July 2016
2 
4
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
5 Ordinary shares of £1 each
5 
5 
- 3 -