Rapidology Limited - Abbreviated accounts 16.3

Rapidology Limited - Abbreviated accounts 16.3


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REGISTERED NUMBER: 06407565 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2016

FOR

RAPIDOLOGY LIMITED

RAPIDOLOGY LIMITED (REGISTERED NUMBER: 06407565)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Report of the Accountants 5

RAPIDOLOGY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2016







DIRECTOR: Dr A Malhotra





SECRETARY: P Malhotra





REGISTERED OFFICE: 64 Minster Road
Cricklewood
London
NW2 3RG





REGISTERED NUMBER: 06407565 (England and Wales)





ACCOUNTANTS: Gill & Company
248 Church Lane
Kingsbury
London
NW9 8SL

RAPIDOLOGY LIMITED (REGISTERED NUMBER: 06407565)

ABBREVIATED BALANCE SHEET
31 OCTOBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 324,395 5,840

CURRENT ASSETS
Cash at bank 537,650 596,554

CREDITORS
Amounts falling due within one year 46,389 48,789
NET CURRENT ASSETS 491,261 547,765
TOTAL ASSETS LESS CURRENT
LIABILITIES

815,656

553,605

CREDITORS
Amounts falling due after more than
one year

55,247

-
NET ASSETS 760,409 553,605

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 760,309 553,505
SHAREHOLDERS' FUNDS 760,409 553,605

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RAPIDOLOGY LIMITED (REGISTERED NUMBER: 06407565)

ABBREVIATED BALANCE SHEET - continued
31 OCTOBER 2016


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 director on 24 June 2017 and were signed by:





Dr A Malhotra - Director


RAPIDOLOGY LIMITED (REGISTERED NUMBER: 06407565)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 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 net invoiced fees, excluding VAT.

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

Plant and machinery etc - 25% on reducing balance

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2015 18,130
Additions 327,563
At 31 October 2016 345,693
DEPRECIATION
At 1 November 2015 12,290
Charge for year 9,008
At 31 October 2016 21,298
NET BOOK VALUE
At 31 October 2016 324,395
At 31 October 2015 5,840

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

RAPIDOLOGY LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
RAPIDOLOGY LIMITED

The following reproduces the text of the report prepared for the director 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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2016 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Gill & Company
248 Church Lane
Kingsbury
London
NW9 8SL


24 June 2017