Micro-entity Accounts - REDCAR INVESTMENT AND MANAGEMENT LIMITED

REDCAR INVESTMENT AND MANAGEMENT LIMITED - Company Information

09210671 REDCAR INVESTMENT AND MANAGEMENT LIMITED 2017-10-31 false 2016-11-01 2017-10-31 true 09210671 2016-11-01 2017-10-31 09210671 2017-10-31 09210671 2016-10-31 09210671 uk-gaap-cd-bus:Director1 2016-11-01 2017-10-31 09210671 uk-gaap-cd-bus:Director2 2016-11-01 2017-10-31 09210671 uk-gaap-cd-bus:AllEntityOfficers 2016-11-01 2017-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-01 2017-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2017-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 iso4217:GBP shares

Registered Number 09210671

REDCAR INVESTMENT AND MANAGEMENT LIMITED

Micro-entity Accounts

31 October 2017

REDCAR INVESTMENT AND MANAGEMENT LIMITED Registered Number 09210671

Micro-entity Balance Sheet as at 31 October 2017

	Notes	2017	2016
		£	£
Current assets
Debtors	1	164,999	94,515
Investments		47,963	-
Cash at bank and in hand		37,526	49,615
		250,488	144,130
Creditors: amounts falling due within one year		(152,012)	(86,576)
Net current assets (liabilities)		98,476	57,554
Total assets less current liabilities		98,476	57,554
Total net assets (liabilities)		98,476	57,554
Capital and reserves
Called up share capital	2	1,000	1,000
Profit and loss account		97,476	56,554
Shareholders' funds		98,476	57,554

For the year ending 31 October 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 June 2018

And signed on their behalf by:
B Samani, Director

REDCAR INVESTMENT AND MANAGEMENT LIMITED Registered Number 09210671

Notes to the Micro-entity Accounts for the period ended 31 October 2017

1Debtors

	2017 £	2016 £
Debtors include the following amounts due after more than one year	164,999	94,515

2Called Up Share Capital
Allotted, called up and fully paid:

	2017 £	2016 £
1,000 Ordinary shares of £1 each	1,000	1,000

3Accounting Policies

Basis of measurement and preparation of accounts
Accounting Policies

Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and Include the results of the Company's operations which are described in the Director’s Report and all of which are continuing.

The Company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cash flow statement on the
grounds that it is a small Company.

Related Party Transactions

Mr B Samani is also a Director / Shareholder of Just Hype Ltd, Toatee Ltd, Noir Investment and Management Limited and Carnival Leisure Limited from whom the Company bought and sold services on normal commercial basis. Included within Trade Debtors are amount due Toatee Ltd £53643 and Just Hype Ltd £36356. Included in Other Creditors is amount owed to Toatee Ltd £47000 and Just Hype Ltd £50950.