Ragaroo Limited - Accounts to registrar (filleted) - small 18.1
Ragaroo Limited - Accounts to registrar (filleted) - small 18.1
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2017 |
| FOR |
| RAGAROO LIMITED |
| RAGAROO LIMITED (REGISTERED NUMBER: 08193906) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Chartered Accountants' Report | 5 |
| RAGAROO LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Josephs Well Suite 2C |
| Westgate |
| Leeds |
| LS3 1AB |
| RAGAROO LIMITED (REGISTERED NUMBER: 08193906) |
| BALANCE SHEET |
| 31 AUGUST 2017 |
| 31.8.17 | 31.8.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on behalf by: |
| RAGAROO LIMITED (REGISTERED NUMBER: 08193906) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| 1. | STATUTORY INFORMATION |
| Ragaroo Limited is a |
| company's registered number and registered office address can be found on the Company |
| Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| When preparing financial statements, directors shall make an assessment of the company's ability |
| to continue as a going concern. Financial statements shall be prepared on a going concern basis |
| unless a director either intends to liquidate the entity or to cease trading, or has no realistic |
| alternative but to do so. The directors has formed the judgement, at the time of approving the |
| financial statements, that the company has sufficient access to financial resources which, together |
| with internally generated cash flows, will continue to provide sufficient sources of liquidity to fund its |
| current operations including its contractual and commercial commitments. |
| For reasons mentioned, the directors continue to adopt the going concern basis in preparing the |
| financial statements. |
| Turnover |
| Turnover comprises the rendering of services in the ordinary course of the company's activity. |
| Turnover is presented net of value-added tax (Flat Rate Scheme). The company recognises |
| turnover when the amount of revenue and related costs can be reliably measured, it is probable |
| that the collectability of the related receivables is reasonably assured. |
| Turnover is wholly derived within the United Kingdom. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| All assets are initially recognised at cost and subsequently carried at cost less accumulated |
| depreciation. The cost of an asset initially recognised includes its purchase price and any cost that |
| is directly attributable to bringing the asset to the location and condition necessary for it to be |
| capable of operating in the manner intended by management. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income |
| Statement, except to the extent that it relates to items recognised in other comprehensive income |
| or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been |
| enacted or substantively enacted by the balance sheet date. |
| RAGAROO LIMITED (REGISTERED NUMBER: 08193906) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| 2. | ACCOUNTING POLICIES - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed |
| at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods |
| different from those in which they are recognised in financial statements. Deferred tax is measured |
| using tax rates and laws that have been enacted or substantively enacted by the year end and that |
| are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is |
| probable that they will be recovered against the reversal of deferred tax liabilities or other future |
| taxable profits. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 September 2016 |
| Additions |
| At 31 August 2017 |
| DEPRECIATION |
| At 1 September 2016 |
| Charge for year |
| At 31 August 2017 |
| NET BOOK VALUE |
| At 31 August 2017 |
| At 31 August 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| RAGAROO LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the |
| company's annual unaudited financial statements. In accordance with the Companies Act 2006, the |
| company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement |
| and certain other primary statements and the Report of the Directors are not required to be filed |
| with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your |
| approval the accounts of Ragaroo Limited for the year ended 31/08/2015 as set out on pages 1 to 7 from |
| the company's accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we |
| are subject to its ethical and other professional requirements which are detailed at |
| www.icaew.com/en/members/regulations-standards-and-guidance. |
| This report is made solely to the Board of Directors of Ragaroo Limited, as a body, in accordance with the |
| terms of our engagement letter dated 22/04/2016. Our work has been undertaken solely to prepare for |
| your approval the accounts of Ragaroo Limited and state those matters that we have agreed to state to |
| the Board of Directors of Ragaroo Limited, as a body, in this report in accordance with ICAEW Technical |
| Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to |
| anyone other than Ragaroo Limited and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that Ragaroo Limited has kept adequate accounting records and to prepare |
| statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of |
| Ragaroo Limited. You consider that Ragaroo Limited is exempt from the statutory audit requirement for |
| the year. |
| We have not been instructed to carry out an audit or a review of the accounts of Ragaroo Limited. For |
| this reason, we have not verified the accuracy or completeness of the accounting records or information |
| and explanations you have given to us and we do not, therefore, express any opinion on the statutory |
| accounts. |
| Chartered Accountants |
| Josephs Well Suite 2C |
| Westgate |
| Leeds |
| LS3 1AB |