Rule Valley Simulated Game Ltd - Abbreviated accounts 16.3
Rule Valley Simulated Game Ltd - Abbreviated accounts 16.3
| DRAFT |
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 March 2016 |
| for |
| Rule Valley Simulated Game Ltd |
| Rule Valley Simulated Game Ltd (Registered number: SC429657) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 March 2016 |
| DRAFT |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Rule Valley Simulated Game Ltd |
| Company Information |
| for the Year Ended 31 March 2016 |
| DRAFT |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Rule Valley Simulated Game Ltd (Registered number: SC429657) |
| Abbreviated Balance Sheet |
| 31 March 2016 |
| 31/3/16 | 31/3/15 |
| Notes | £ | £ | £ | £ |
| DRAFT |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the Board of Directors on |
| Rule Valley Simulated Game Ltd (Registered number: SC429657) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 March 2016 |
| DRAFT |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The Company meets its day to day working capital requirements by way of financing by David and Jamie |
| Reddihough personally. It is the intention of the directors to continue to finance the Company and the accounts |
| have therefore been prepared on a going concern basis. |
| 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 January 2015). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2015 |
| and 31 March 2016 |
| DEPRECIATION |
| At 1 April 2015 |
| Charge for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/3/16 | 31/3/15 |
| value: | £ | £ |
| Ordinary Shares | 1 |
| Rule Valley Simulated Game Ltd (Registered number: SC429657) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2016 |
| DRAFT |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 March 2016 and |
| 31 March 2015: |
| 31/3/16 | 31/3/15 |
| £ | £ |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year | ( |
) | ( |
) |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year | ( |
) | ( |
) |
| At 31st March 2016 the company owed the directors £104,962 this was an interest free loan. |