| Rho and Lee Ltd |
| Registered number: |
05611835 |
| Abbreviated Balance Sheet |
| as at 30 November 2013 |
|
| Notes |
|
|
2013 |
|
|
2012 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
34,000 |
|
|
51,000 |
| Tangible assets |
3 |
|
|
291,040 |
|
|
303,553 |
|
|
|
|
325,040 |
|
|
354,553 |
|
| Current assets |
| Stocks |
|
|
980 |
|
|
1,010 |
| Cash at bank and in hand |
|
|
57,153 |
|
|
61,837 |
|
|
|
58,133 |
|
|
62,847 |
|
| Creditors: amounts falling due within one year |
|
|
(7,573) |
|
|
(8,516) |
|
| Net current assets |
|
|
|
50,560 |
|
|
54,331 |
|
| Total assets less current liabilities |
|
|
|
375,600 |
|
|
408,884 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(700,932) |
|
|
(718,816) |
|
|
|
| Net liabilities |
|
|
|
(325,332) |
|
|
(309,932) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(325,432) |
|
|
(310,032) |
|
| Shareholders' funds |
|
|
|
(325,332) |
|
|
(309,932) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| S K Rho |
| Director |
| Approved by the board on 17 July 2014 |
|
| Rho and Lee Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 30 November 2013 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Land and building |
2% straight line |
|
Plant and machinery |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2012 |
170,000 |
|
At 30 November 2013 |
170,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 December 2012 |
119,000 |
|
Provided during the year |
17,000 |
|
At 30 November 2013 |
136,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2013 |
34,000 |
|
At 30 November 2012 |
51,000 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2012 |
474,924 |
|
At 30 November 2013 |
474,924 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2012 |
171,371 |
|
Charge for the year |
12,513 |
|
At 30 November 2013 |
183,884 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2013 |
291,040 |
|
At 30 November 2012 |
303,553 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2013 |
|
2013 |
|
2012 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
