R A Insurance Brokers Limited - Limited company - abbreviated - 11.6
R A Insurance Brokers Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30TH APRIL 2014 |
| FOR |
| R A INSURANCE BROKERS LIMITED |
| R A INSURANCE BROKERS LIMITED (REGISTERED NUMBER: 03248029) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30TH APRIL 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| R A INSURANCE BROKERS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30TH APRIL 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| BANKERS: |
| R A INSURANCE BROKERS LIMITED (REGISTERED NUMBER: 03248029) |
| ABBREVIATED BALANCE SHEET |
| 30TH APRIL 2014 |
| 2014 | 2013 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| R A INSURANCE BROKERS LIMITED (REGISTERED NUMBER: 03248029) |
| ABBREVIATED BALANCE SHEET - continued |
| 30TH APRIL 2014 |
| The financial statements were approved by the Board of Directors on by: |
| R A INSURANCE BROKERS LIMITED (REGISTERED NUMBER: 03248029) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30TH APRIL 2014 |
| 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 April 2008). |
| Exemption from preparing a cash flow statement |
| Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a |
| small company. |
| Turnover |
| Turnover represents general brokerage commissions which are recognised to the profit and loss account upon |
| settlement of premiums by clients. |
| Amortisation |
| Amortisation is provided at the following annual rate in order to write off each asset over its estimated useful |
| life. |
| Goodwill - 20% on straight line |
| The expected life of goodwill has been reduced to five years. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful |
| life. |
| Fixtures fittings & equipment - 15% on reducing balance |
| Motor vehicles - 25% on reducing balance |
| Computer and equipment - 25% on reducing balance |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st May 2013 |
| and 30th April 2014 |
| AMORTISATION |
| At 1st May 2013 |
| Amortisation for year |
| At 30th April 2014 |
| NET BOOK VALUE |
| At 30th April 2014 |
| At 30th April 2013 |
| R A INSURANCE BROKERS LIMITED (REGISTERED NUMBER: 03248029) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30TH APRIL 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st May 2013 |
| Additions |
| Disposals | ( |
) |
| At 30th April 2014 |
| DEPRECIATION |
| At 1st May 2013 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30th April 2014 |
| NET BOOK VALUE |
| At 30th April 2014 |
| At 30th April 2013 |
| 4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary Share | 1 |
| 6. | RELATED PARTY DISCLOSURES |
| Shown under Debtors (Note 7) are loans advanced to Edinburgh City Hotels Limited £1,162,555 and Croydon |
| Hotels Limited £81,335 on an arm's length basis on commercial terms.These companies are ultimately controlled |
| by the directors. |