Ragaroo Limited - Abbreviated accounts 16.3
Ragaroo Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2016 |
| FOR |
| RAGAROO LIMITED |
| RAGAROO LIMITED (REGISTERED NUMBER: 08193906) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 AUGUST 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Chartered Accountants' Report | 5 |
| RAGAROO LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 AUGUST 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| RAGAROO LIMITED (REGISTERED NUMBER: 08193906) |
| ABBREVIATED BALANCE SHEET |
| 31 AUGUST 2016 |
| 31.8.16 | 31.8.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT 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 |
| RAGAROO LIMITED (REGISTERED NUMBER: 08193906) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 AUGUST 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| When preparing financial statements, directors shall make an assessment of the company's ability to continue |
| as a going concern. Financial statements shall be prepared on a going concern basis unless a director either |
| intends to liquidate the entity or to cease trading, or has no realistic alternative but to do so. The directors has |
| formed the judgement, at the time of approving the financial statements, that the company has sufficient access |
| to financial resources which, together with internally generated cash flows, will continue to provide sufficient |
| sources of liquidity to fund its current operations including its contractual and commercial commitments. |
| For reasons mentioned, the directors continue to adopt the going concern basis in preparing the financial |
| statements. |
| 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 comprises the rendering of services in the ordinary course of the company's activity. Turnover is |
| presented net of value-added tax (Flat Rate Scheme). The company recognises turnover when the amount of |
| revenue and related costs can be reliably measured, it is probable that the collectability of the related |
| receivables is reasonably assured. |
| Turnover is wholly derived within the United Kingdom. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| All assets are initially recognised at cost and subsequently carried at cost less accumulated depreciation. The |
| cost of an asset initially recognised includes its purchase price and any cost that is directly attributable to |
| bringing the asset to the location and condition necessary for it to be capable of operating in the manner |
| intended by management. |
| 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 September 2015 |
| Additions |
| At 31 August 2016 |
| DEPRECIATION |
| At 1 September 2015 |
| Charge for year |
| At 31 August 2016 |
| NET BOOK VALUE |
| At 31 August 2016 |
| At 31 August 2015 |
| RAGAROO LIMITED (REGISTERED NUMBER: 08193906) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 AUGUST 2016 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.16 | 31.8.15 |
| value: | £ | £ |
| Ordinary | £1 |
| Ordinary A | £1 |
| 101 | 101 |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 August 2016 and |
| 31 August 2015: |
| 31.8.16 | 31.8.15 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year | ( |
) | ( |
) |
| CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| RAGAROO LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| accounts of Ragaroo Limited for the year ended 31/08/2015 as set out on pages 1 to 7 from the company's accounting |
| records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to |
| its ethical and other professional requirements which are detailed at |
| www.icaew.com/en/members/regulations-standards-and-guidance. |
| This report is made solely to the Board of Directors of Ragaroo Limited, as a body, in accordance with the terms of our |
| engagement letter dated 22/04/2016. Our work has been undertaken solely to prepare for your approval the accounts of |
| Ragaroo Limited and state those matters that we have agreed to state to the Board of Directors of Ragaroo Limited, as |
| a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, |
| we do not accept or assume responsibility to anyone other than Ragaroo Limited and its Board of Directors as a body |
| for our work or for this report. |
| It is your duty to ensure that Ragaroo Limited has kept adequate accounting records and to prepare statutory accounts |
| that give a true and fair view of the assets, liabilities, financial position and profit of Ragaroo Limited. You consider that |
| Ragaroo Limited 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 accounts of Ragaroo Limited. 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 accounts. |
| Chartered Accountants |
| 30 May 2017 |