REDPONY_LTD - Accounts


Company Registration Number 07096687 (England and Wales)
REDPONY LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016
REDPONY LTD
COMPANY INFORMATION
Directors
Mrs R Gill
Mr C Gill
Company number
07096687
Registered office
265 Cowley Road
Oxford
OX4 1XQ
Accountants
TaxAssist Accountants
265 Cowley Road
Oxford
OX4 1XQ
Business address
18 High Street
Long Wittenham
Abingdon
OX14 4QQ
REDPONY LTD
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3 - 4
REDPONY LTD
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF REDPONY LTD
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Redpony Ltd for the year ended 31 December 2016 set out on pages 2 to 4 from the company’s accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Redpony Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Redpony Ltd and state those matters that we have agreed to state to the Board of Directors of Redpony Ltd, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Redpony Ltd and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Redpony Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Redpony Ltd. You consider that Redpony Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Redpony Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

TaxAssist Accountants
19 May 2017
Accountants
265 Cowley Road
Oxford
OX4 1XQ
REDPONY LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2016
- 2 -
2016
2015
£
£
Turnover
109,788
92,700
Other income
584
947
Staff costs
(21,192)
(20,692)
Depreciation and other amounts written off assets
(695)
(1,742)
Other charges
(6,694)
(7,958)
Tax
(15,732)
(12,999)
Profit for the financial year
66,059
50,256
REDPONY LTD
BALANCE SHEET
AS AT
31 DECEMBER 2016
31 December 2016
- 3 -
2016
2015
£
£
£
£
Fixed assets
3,353
224
Current assets
65,585
48,084
Creditors: amounts falling due within one year
20,338
4,909
Net current assets
85,923
52,993
Total assets less current liabilities
89,276
53,217
Net assets
89,276
53,217
Capital and reserves
89,276
53,217
Notes to the financial statements
1.
Directors' benefits: advances, credit and guarantees

 

Directors Loans

During the year following loans to directors existed :

 

Opening balance £20,502

Repaid £20,502

Interest charged at 3% £570

Advanced £39,678

Closing balance £40,248

Redpony Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 265 Cowley Road, Oxford, OX4 1XQ.

For the year ended 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

T he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime.

The financial statements were approved by the board of directors and authorised for issue on 19 May 2017 and are signed on its behalf by:
REDPONY LTD
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2016
31 December 2016
- 4 -
Mr C Gill
Director
Company Registration Number 07096687
REDPONY LTD
SCHEDULE OF ADMINISTRATIVE EXPENSES
FOR THE YEAR ENDED 31 DECEMBER 2016
2016
2015
£
£
Administrative expenses
Directors' remuneration
21,192
20,692
Premises
208
208
IT expenses
41
40
Motor expenses
1,172
1,345
Travel and subsistence
556
49
Legal and professional fees
13
26
Accountancy
1,644
1,602
Bank charges
66
78
Printing postage and stationery
132
551
Advertising and marketing
2,090
3,781
Telecommunications
772
278
Depreciation
675
1,742
Profit or loss on sale of tangible assets
20
-
28,581
30,392
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