Red Miracle (Hereford) Limited - Limited company - abbreviated - 11.6
Red Miracle (Hereford) Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2014 |
FOR |
RED MIRACLE (HEREFORD) LIMITED |
RED MIRACLE (HEREFORD) LIMITED (REGISTERED NUMBER: 06042243) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
RED MIRACLE (HEREFORD) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
RED MIRACLE (HEREFORD) LIMITED (REGISTERED NUMBER: 06042243) |
ABBREVIATED BALANCE SHEET |
31 MARCH 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
4 |
( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Profit and loss account |
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. |
RED MIRACLE (HEREFORD) LIMITED (REGISTERED NUMBER: 06042243) |
ABBREVIATED BALANCE SHEET - continued |
31 MARCH 2014 |
The financial statements were approved by the Board of Directors on signed on its behalf by: |
RED MIRACLE (HEREFORD) LIMITED (REGISTERED NUMBER: 06042243) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in |
accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
Turnover represents amounts receivable for goods and services provided in the UK, stated net |
of value added tax. |
Goodwill |
Goodwill purchased on acquisition of a business is included in fixed assets and amortised over |
10 years in equal annual instalments. The directors consider this period to be a reasonable |
estimate of the economic life over which the value of the acquired business would be expected |
to exceed the values of its identifiable assets and liabilities. |
Tangible fixed assets |
Fixtures and fittings | - |
Motor vehicles | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
Deferred tax |
Deferred tax arises as a result of including items of income and expenditure in taxation |
computations in periods different from those in which they are included in the company's |
financial statements. Deferred tax is provided in full on timing differences which result in an |
obligation to pay more (or less) tax at a future date, at the average tax rates that are expected |
to apply when the timing differences reverse, based on current tax rates and laws. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line |
basis over the period of the lease. |
RED MIRACLE (HEREFORD) LIMITED (REGISTERED NUMBER: 06042243) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 MARCH 2014 |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2013 |
and 31 March 2014 |
AMORTISATION |
At 1 April 2013 |
Amortisation for year |
At 31 March 2014 |
NET BOOK VALUE |
At 31 March 2014 |
At 31 March 2013 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2013 |
and 31 March 2014 |
DEPRECIATION |
At 1 April 2013 |
Charge for year |
At 31 March 2014 |
NET BOOK VALUE |
At 31 March 2014 |
At 31 March 2013 |
4. | CREDITORS |
Creditors include an amount of £ |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1.00 |