Abbreviated Company Accounts - RAUDIO LTD

Abbreviated Company Accounts - RAUDIO LTD


Registered Number 06731620

RAUDIO LTD

Abbreviated Accounts

31 October 2016

RAUDIO LTD Registered Number 06731620

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 12,298 16,410
12,298 16,410
Current assets
Stocks - 12,500
Debtors 15,540 -
Cash at bank and in hand 773 543
16,313 13,043
Creditors: amounts falling due within one year (37,684) (53,296)
Net current assets (liabilities) (21,371) (40,253)
Total assets less current liabilities (9,073) (23,843)
Total net assets (liabilities) (9,073) (23,843)
Capital and reserves
Called up share capital 2 2
Profit and loss account (9,075) (23,845)
Shareholders' funds (9,073) (23,843)
  • For the year ending 31 October 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 31 July 2017

And signed on their behalf by:
R.Dunne, Director

RAUDIO LTD Registered Number 06731620

Notes to the Abbreviated Accounts for the period ended 31 October 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.

Turnover policy
Turnover represents sales, excluding value added tax, invoiced during the year

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write-off the cost, less residual value, of each asset over its expected useful life, as follows:
Plant & Machinery - 25% reducing balance
Fixtures & Fittings - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 November 2015 46,359
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2016 46,359
Depreciation
At 1 November 2015 29,949
Charge for the year 4,112
On disposals -
At 31 October 2016 34,061
Net book values
At 31 October 2016 12,298
At 31 October 2015 16,410