Abbreviated Company Accounts - RAINBOW (EVESHAM) LIMITED

RAINBOW (EVESHAM) LIMITED - Company Information

05234823 RAINBOW (EVESHAM) LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 05234823 2015-10-01 2016-09-30 05234823 2016-09-30 05234823 2015-09-30 05234823 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 05234823 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director3 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director3 2016-09-30 uk-gaap-cd-bus:Director3 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 05234823

RAINBOW (EVESHAM) LIMITED

Abbreviated Accounts

30 September 2016

RAINBOW (EVESHAM) LIMITED Registered Number 05234823

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	-	-
Tangible assets	3	87,293	89,489
		87,293	89,489
Current assets
Debtors		255	255
Cash at bank and in hand		4,851	20,697
		5,106	20,952
Creditors: amounts falling due within one year		(7,680)	(22,729)
Net current assets (liabilities)		(2,574)	(1,777)
Total assets less current liabilities		84,719	87,712
Total net assets (liabilities)		84,719	87,712
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		84,717	87,710
Shareholders' funds		84,719	87,712

For the year ending 30 September 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 June 2017

And signed on their behalf by:
Mr K Antoniou, Director

RAINBOW (EVESHAM) LIMITED Registered Number 05234823

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

Land and buildings - 2% straight line on cost
Plant and machinery etc. - 20% straight line on cost

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, was amortised evenly over its estimated useful life of ten years.

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

2Intangible fixed assets

	£
Cost
At 1 October 2015	82,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	82,500
Amortisation
At 1 October 2015	82,500
Charge for the year	-
On disposals	-
At 30 September 2016	82,500
Net book values
At 30 September 2016	0
At 30 September 2015	0

3Tangible fixed assets

	£
Cost
At 1 October 2015	125,837
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	125,837
Depreciation
At 1 October 2015	36,348
Charge for the year	2,196
On disposals	-
At 30 September 2016	38,544
Net book values
At 30 September 2016	87,293
At 30 September 2015	89,489

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2

5Transactions with directors

Name of director receiving advance or credit:	Mr K Antoniou and Mrs G Antoniou
Description of the transaction:	Directors account transactions
Balance at 1 October 2015:	£ 16,650
Advances or credits made:	£ 10,000
Advances or credits repaid:	£ 22,857
Balance at 30 September 2016:	£ 3,793