Abbreviated Company Accounts - RS TRADEX IMPORT & EXPORT LTD

07806680 RS TRADEX IMPORT & EXPORT LTD 2013-10-31 false 2012-11-01 2013-10-31 true 07806680 2012-11-01 2013-10-31 07806680 2013-10-31 07806680 2012-10-31 07806680 uk-gaap-cd-bus:Director1 2012-11-01 2013-10-31 07806680 uk-gaap-cd-bus:Director2 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number 07806680

RS TRADEX IMPORT & EXPORT LTD

Abbreviated Accounts

31 October 2013

RS TRADEX IMPORT & EXPORT LTD Registered Number 07806680

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	3,670	4,372
		3,670	4,372
Current assets
Stocks		15,650	20,500
Debtors		1,042	600
Cash at bank and in hand		6,291	4,558
		22,983	25,658
Creditors: amounts falling due within one year		(34,050)	(47,687)
Net current assets (liabilities)		(11,067)	(22,029)
Total assets less current liabilities		(7,397)	(17,657)
Total net assets (liabilities)		(7,397)	(17,657)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(7,398)	(17,658)
Shareholders' funds		(7,397)	(17,657)

For the year ending 31 October 2013 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 29 July 2014

And signed on their behalf by:
Sabah Akhtar, Director
Rizwan Khan, Director

RS TRADEX IMPORT & EXPORT LTD Registered Number 07806680

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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 the value, net of value added tax and discounts of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant & Machinery 20%
Motor Vehicle 20%

2Tangible fixed assets

	£
Cost
At 1 November 2012	5,465
Additions	489
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	5,954
Depreciation
At 1 November 2012	1,093
Charge for the year	1,191
On disposals	-
At 31 October 2013	2,284
Net book values
At 31 October 2013	3,670
At 31 October 2012	4,372

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
1 Ordinary shares of £1 each	1	1