Abbreviated Company Accounts - RADLEY AIR LINK LTD

RADLEY AIR LINK LTD - Company Information

Registered Number 03955688

RADLEY AIR LINK LTD

Abbreviated Accounts

31 March 2014

RADLEY AIR LINK LTD Registered Number 03955688

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	-	100
Tangible assets	3	1,351	801
		1,351	901
Current assets
Debtors		2,268	304
Cash at bank and in hand		1,857	1,372
		4,125	1,676
Creditors: amounts falling due within one year		(4,180)	(1,758)
Net current assets (liabilities)		(55)	(82)
Total assets less current liabilities		1,296	819
Total net assets (liabilities)		1,296	819
Capital and reserves
Called up share capital		100	100
Profit and loss account		1,196	719
Shareholders' funds		1,296	819

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 23 December 2014

And signed on their behalf by:
S P Ellahi, Director

RADLEY AIR LINK LTD Registered Number 03955688

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 the amounts derived from the provision of private hire chauffeur services during the year.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives as follows:
Plant & Machinery 20% on reducing balance

2Intangible fixed assets

	£
Cost
At 1 April 2013	100
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	100
Amortisation
At 1 April 2013	-
Charge for the year	100
On disposals	-
At 31 March 2014	100
Net book values
At 31 March 2014	0
At 31 March 2013	100

3Tangible fixed assets

	£
Cost
At 1 April 2013	1,029
Additions	887
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	1,916
Depreciation
At 1 April 2013	228
Charge for the year	337
On disposals	-
At 31 March 2014	565
Net book values
At 31 March 2014	1,351
At 31 March 2013	801