RNB Future Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09239255 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

RNB Future Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

RI Berryman

N P Berryman

REGISTERED OFFICE:

Prospect House

11 Western Road

Launceston

Cornwall

PL15 7AS

REGISTERED NUMBER:

09239255 (England and Wales)

ACCOUNTANTS:

Buttons Accounting Limited

Prospect House

11 Western Road

Launceston

Cornwall

PL15 7AS

FIXED ASSETS

Tangible assets

2

299,925

CURRENT ASSETS

Debtors

88

78

Cash at bank

4,804

5,828

4,892

5,906

CREDITORS

Amounts falling due within one year

6,026

5,978

NET CURRENT LIABILITIES

(1,134

)

(72

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

298,791

299,853

CREDITORS

Amounts falling due after more than one
year

3

299,693

305,035

NET LIABILITIES

(902

)

(5,182

)

CAPITAL AND RESERVES

Called up share capital

4

Profit and loss account

(906

)

(5,186

)

SHAREHOLDERS' FUNDS

(902

)

(5,182

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 May 2017 and were signed on its behalf by:

N P Berryman - Director

RI Berryman - Director

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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

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 October 2015

and 30 September 2016

299,925

NET BOOK VALUE

At 30 September 2016

299,925

At 30 September 2015

299,925

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

30.9.16

30.9.15

£

Repayable by instalments

153,785

159,127

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

4

Ordinary

£1

4