Raw Inc Limited
Unaudited Abbreviated Accounts
For the period ended 31 March 2016
Company Registration No. 08531984 (England and Wales)
Raw Inc Limited
Contents
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
Raw Inc Limited
Abbreviated Balance Sheet
As at 31 March 2016
Page 1
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
7,525
4,798
Current assets
Debtors
1,793
1,585
Cash at bank and in hand
15,677
12,649
17,470
14,234
Creditors: amounts falling due within one year
(18,006)
(7,059)
Net current liabilities/(assets)
(536)
7,175
Total assets less current liabilities
6,989
11,973
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
6,987
11,971
Shareholders' funds
6,989
11,973
For the financial period ended 31 March 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.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 23 May 2017
Mr T White
Mrs C Baker
Director
Director
Company Registration No. 08531984
Raw Inc Limited
Notes to the Abbreviated Accounts
For the period ended 31 March 2016
Page 2
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for health and fitness services net of trade discounts.health and fitness services net of trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
25% Straight Line
2
Fixed assets
Tangible assets
£
Cost
At 1 June 2015
6,397
Additions
5,768
At 31 March 2016
12,165
Depreciation
At 1 June 2015
1,599
Charge for the period
3,041
At 31 March 2016
4,640
Net book value
At 31 March 2016
7,525
At 31 May 2015
4,798
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
2 Ordinary shares of £1 each
2
2
Raw Inc Limited
Notes to the Abbreviated Accounts (Continued)
For the period ended 31 March 2016
Page 3
4
Transactions with directors
Included within creditors is £8,112 (2015: £4,366) due to the directors of the company.
5
Control
The company is controlled jointly by Mrs C Baker and Mr T White.
2016-03-312015-06-01falsetruetruetruetruetruetmpE716.html2017-05-23Included within creditors is £8,112 (2015: £4,366) due to the directors of the company.8,112085319842015-06-012016-03-31085319842016-03-31085319842015-05-31085319842015-05-3108531984uk-bus:Director12015-06-012016-03-3108531984uk-bus:Director22015-06-012016-03-3108531984uk-gaap:PlantMachinery2015-06-012016-03-3108531984uk-bus:OrdinaryShareClass12015-06-012016-03-3108531984uk-bus:OrdinaryShareClass12016-03-3108531984uk-bus:OrdinaryShareClass12015-05-31xbrli:purexbrli:sharesiso4217:GBP
