The Running Rabbit Ltd. - Abbreviated accounts 16.3
The Running Rabbit Ltd. - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| The Running Rabbit Ltd. |
| Abbreviated Unaudited Accounts |
| For The Year Ended 31st August 2016 |
| The Running Rabbit Ltd. (Registered number: 03075991) |
| Contents of the Abbreviated Accounts |
| For The Year Ended 31st August 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| The Running Rabbit Ltd. |
| Company Information |
| For The Year Ended 31st August 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| The Running Rabbit Ltd. (Registered number: 03075991) |
| Abbreviated Balance Sheet |
| 31st August 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash in hand |
| 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 |
| The Running Rabbit Ltd. (Registered number: 03075991) |
| Notes to the Abbreviated Accounts |
| For The Year Ended 31st August 2016 |
| 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 January 2015). |
| Turnover |
| Turnover represents the value, excluding value added tax, of goods and services supplies to customers during |
| the year. |
| Tangible fixed assets |
| Leasehold improvements | - |
| Fixtures, fittings & equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value. after making due allowance for obsolete and |
| slow moving items. |
| In the case of stocks for resale , cost means invoice price on a first in, first out basis. Net realisable value means |
| estimated selling price. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Going concern |
| The financial statements have been prepared on the going concern basis as in the opinion of the directors the |
| company will continue to trade for a period of twelve months following the approval of these financial statement. |
| They will also continue to support the company by not requesting repayment of their directors loan accounts for |
| a period of twelve months. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st September 2015 |
| Additions |
| At 31st August 2016 |
| DEPRECIATION |
| At 1st September 2015 |
| Charge for year |
| At 31st August 2016 |
| NET BOOK VALUE |
| At 31st August 2016 |
| At 31st August 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |