Rewico (UK) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00688042

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2014

FOR

REWICO (UK) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S Higgins

R Nash

SECRETARY:

S Higgins

REGISTERED OFFICE:

150 High Street

Sevenoaks

Kent

TN13 1XE

REGISTERED NUMBER:

00688042

ACCOUNTANTS:

Greenaway Chartered Accountants

150 High Street

Sevenoaks

Kent

TN13 1XE

FIXED ASSETS

Tangible assets

2

34,019

43,273

CURRENT ASSETS

Debtors

103,549

183,255

Cash at bank

171,832

142,703

275,381

325,958

CREDITORS

Amounts falling due within one year

121,038

139,066

NET CURRENT ASSETS

154,343

186,892

TOTAL ASSETS LESS CURRENT LIABILITIES

188,362

230,165

PROVISIONS FOR LIABILITIES

6,465

2,955

NET ASSETS

181,897

227,210

CAPITAL AND RESERVES

Called up share capital

3

5,000

5,000

Profit and loss account

176,897

222,210

SHAREHOLDERS' FUNDS

181,897

227,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 24 November 2014 and were signed on its behalf by:

S Higgins - Director

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

at variable rates 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

161,428

DEPRECIATION

At 1 June 2013

118,155

Charge for year

9,254

At 31 May 2014

127,409

NET BOOK VALUE

At 31 May 2014

34,019

At 31 May 2013

43,273

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/5/14

31/5/13

value:

£

£

5,000

Ordinary

£1

5,000

5,000