Rucon Limited - Accounts to registrar - small 17.2

Rucon Limited - Accounts to registrar - small 17.2

RUCON LIMITED - Company Information

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REGISTERED NUMBER: 08423156 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2017

FOR

RUCON LIMITED

RUCON LIMITED (REGISTERED NUMBER: 08423156)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 February 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RUCON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 February 2017







DIRECTOR: A E Ford





REGISTERED OFFICE: The Garden Suite
23 Westfield Park
Redland
Bristol
BS6 6LT





REGISTERED NUMBER: 08423156 (England and Wales)





ACCOUNTANTS: Mitchell Glanville (Bristol) Limited
The Garden Suite
23 Westfield Park
Redland
Bristol
BS6 6LT
1
RUCON LIMITED (REGISTERED NUMBER: 08423156)

BALANCE SHEET
28 February 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 764 955

CURRENT ASSETS
Debtors 5 2,850 15,694
Cash at bank 20,067 1,780
22,917 17,474
CREDITORS
Amounts falling due within one year 6 21,206 15,667
NET CURRENT ASSETS 1,711 1,807
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,475
2,762

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 2,375 2,662
SHAREHOLDERS' FUNDS 2,475 2,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 21 July 2017 and were signed by:





A E Ford - Director


The notes form part of these financial statements

2
RUCON LIMITED (REGISTERED NUMBER: 08423156)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 February 2017

1. STATUTORY INFORMATION

Rucon Limited is a private company, limited by shares , registered in England and Wales. The company's registered number
and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax
and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it
relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which
they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or
substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2016
and 28 February 2017 1,416
DEPRECIATION
At 1 March 2016 461
Charge for year 191
At 28 February 2017 652
NET BOOK VALUE
At 28 February 2017 764
At 29 February 2016 955

3
RUCON LIMITED (REGISTERED NUMBER: 08423156)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 February 2017

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 2,850 4,790
Other debtors - 10,904
2,850 15,694

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 4,936 999
Taxation and social security 15,554 14,668
Other creditors 716 -
21,206 15,667

7. RESERVES
Retained
earnings
£   

At 1 March 2016 2,662
Profit for the year 37,713
Dividends (38,000 )
At 28 February 2017 2,375

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2017 and 29 February 2016:

2017 2016
£    £   
A E Ford
Balance outstanding at start of year (10,904 ) 1,707
Amounts advanced 76,913 74,516
Amounts repaid (65,294 ) (87,127 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 715 (10,904 )

9. ULTIMATE CONTROLLING PARTY

The controlling party is A E Ford.

4