RAX Limited - Abbreviated accounts 16.3
RAX Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Accounts |
| for the Period 1 August 2015 to 31 October 2016 |
| for |
| RAX LIMITED |
| RAX LIMITED (REGISTERED NUMBER: 06955235) |
| Contents of the Abbreviated Accounts |
| for the Period 1 August 2015 to 31 October 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| RAX LIMITED |
| Company Information |
| for the Period 1 August 2015 to 31 October 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| RAX LIMITED (REGISTERED NUMBER: 06955235) |
| Abbreviated Balance Sheet |
| 31 October 2016 |
| 31.10.16 | 31.7.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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. |
| RAX LIMITED (REGISTERED NUMBER: 06955235) |
| Abbreviated Balance Sheet - continued |
| 31 October 2016 |
| The financial statements were approved by the director on |
| RAX LIMITED (REGISTERED NUMBER: 06955235) |
| Notes to the Abbreviated Accounts |
| for the Period 1 August 2015 to 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 net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Fixtures, fittings & equipment | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving |
| items. |
| 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 August 2015 |
| Additions |
| At 31 October 2016 |
| DEPRECIATION |
| At 1 August 2015 |
| Charge for period |
| At 31 October 2016 |
| NET BOOK VALUE |
| At 31 October 2016 |
| At 31 July 2015 |
| RAX LIMITED (REGISTERED NUMBER: 06955235) |
| Notes to the Abbreviated Accounts - continued |
| for the Period 1 August 2015 to 31 October 2016 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 August 2015 |
| and 31 October 2016 | 11,250 |
| NET BOOK VALUE |
| At 31 October 2016 |
| At 31 July 2015 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.10.16 | 31.7.15 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | ULTIMATE PARENT COMPANY |
| 6. | RELATED PARTY DISCLOSURES |
| At the year end the company owed it's parent, VRAD Limited £133,119 (£67,244 - 2015). No interest is payable on these |
| loans. |