Abbreviated Company Accounts - RICK FINC ASSOCIATES LIMITED

RICK FINC ASSOCIATES LIMITED - Company Information

SC381615 RICK FINC ASSOCIATES LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true SC381615 2015-08-01 2016-07-31 SC381615 2016-07-31 SC381615 2015-07-31 SC381615 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 SC381615 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number SC381615

RICK FINC ASSOCIATES LIMITED

Abbreviated Accounts

31 July 2016

RICK FINC ASSOCIATES LIMITED Registered Number SC381615

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,143	1,524
		1,143	1,524
Current assets
Debtors		-	14,520
Cash at bank and in hand		85,780	46,390
		85,780	60,910
Creditors: amounts falling due within one year		(39,571)	(46,099)
Net current assets (liabilities)		46,209	14,811
Total assets less current liabilities		47,352	16,335
Total net assets (liabilities)		47,352	16,335
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		47,350	16,333
Shareholders' funds		47,352	16,335

For the year ending 31 July 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 27 April 2017

And signed on their behalf by:
Rick Finc, Director

RICK FINC ASSOCIATES LIMITED Registered Number SC381615

Notes to the Abbreviated Accounts for the period ended 31 July 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 January 2015)

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2015	3,242
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	3,242
Depreciation
At 1 August 2015	1,718
Charge for the year	381
On disposals	-
At 31 July 2016	2,099
Net book values
At 31 July 2016	1,143
At 31 July 2015	1,524

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2