Abbreviated Company Accounts - RESIDENT BROKER LIMITED

RESIDENT BROKER LIMITED - Company Information

05062786 RESIDENT BROKER LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 05062786 2013-04-01 2014-03-31 05062786 2014-03-31 05062786 2013-03-31 05062786 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05062786 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 05062786

RESIDENT BROKER LIMITED

Abbreviated Accounts

31 March 2014

RESIDENT BROKER LIMITED Registered Number 05062786

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	3,484	4,375
Investments	3	-	138,325
		3,484	142,700
Current assets
Debtors		112,586	45,275
Cash at bank and in hand		23,658	2,865
		136,244	48,140
Creditors: amounts falling due within one year		(65,893)	(50,516)
Net current assets (liabilities)		70,351	(2,376)
Total assets less current liabilities		73,835	140,324
Provisions for liabilities		(222)	(296)
Total net assets (liabilities)		73,613	140,028
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		73,513	139,928
Shareholders' funds		73,613	140,028

For the year ending 31 March 2014 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 9 December 2014

And signed on their behalf by:
Mr J Simpson, Director

RESIDENT BROKER LIMITED Registered Number 05062786

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 amounts receivable for goods and services provided.

Income is recognised as the service is performed by the company.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Office equipment 15% per annum - reducing balance basis
Computer equipment 33% per annum - reducing balance basis
Fixtures and fittings 15% per annum - reducing balance basis

2Intangible fixed assets

	£
Cost
At 1 April 2013	21,948
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	21,948
Amortisation
At 1 April 2013	17,573
Charge for the year	891
On disposals	-
At 31 March 2014	18,464
Net book values
At 31 March 2014	3,484
At 31 March 2013	4,375

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for diminution in value.

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100