Abbreviated Company Accounts - RAINBOW MERCHANT LIMITED

Abbreviated Company Accounts - RAINBOW MERCHANT LIMITED


Registered Number 08218395

RAINBOW MERCHANT LIMITED

Abbreviated Accounts

30 September 2016

RAINBOW MERCHANT LIMITED Registered Number 08218395

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Investments 2 32,501 4,535,500
32,501 4,535,500
Current assets
Cash at bank and in hand 102 481
102 481
Creditors: amounts falling due within one year (1,544) (1,545)
Net current assets (liabilities) (1,442) (1,064)
Total assets less current liabilities 31,059 4,534,436
Total net assets (liabilities) 31,059 4,534,436
Capital and reserves
Called up share capital 3 4,536,500 4,536,500
Profit and loss account (4,505,441) (2,064)
Shareholders' funds 31,059 4,534,436
  • 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 20 September 2017

And signed on their behalf by:
Angelo Rosati, Director

RAINBOW MERCHANT LIMITED Registered Number 08218395

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.

2Fixed assets Investments
Fixed asset investments are stated at cost less provision for diminution in value.

3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
4,536,500 Ordinary shares of £1 each 4,536,500 4,536,500