Re-Work X Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08160750 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2014

for

Re-Work X Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss N Johnson

REGISTERED OFFICE:

788-790 Finchley Road

London

NW11 7TJ

REGISTERED NUMBER:

08160750 (England and Wales)

ACCOUNTANTS:

Bon Accord Accountancy Limited

Nordhus

North Ness Business Park

Lerwick

Shetland

ZE1 0LZ

FIXED ASSETS

Tangible assets

2

3,184

3,265

CURRENT ASSETS

Debtors

31,063

13,261

Cash at bank

6,866

2,427

37,929

15,688

CREDITORS

Amounts falling due within one year

35,747

2,485

NET CURRENT ASSETS

2,182

13,203

TOTAL ASSETS LESS CURRENT LIABILITIES

5,366

16,468

CREDITORS

Amounts falling due after more than one year

47,474

20,234

NET LIABILITIES

(42,108

)

(3,766

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(42,208

)

(3,866

)

SHAREHOLDERS' FUNDS

(42,108

)

(3,766

)

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

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

The director acknowledges her 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 director on 26 September 2014 and were signed by:

Miss N Johnson - Director

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.

Website

-

33% on reducing balance

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 August 2013

4,504

Additions

1,486

At 31 July 2014

5,990

DEPRECIATION

At 1 August 2013

1,239

Charge for year

1,567

At 31 July 2014

2,806

NET BOOK VALUE

At 31 July 2014

3,184

At 31 July 2013

3,265

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

100

Ordinary

£1

100

100