Abbreviated Company Accounts - RACEWARE DIRECT LTD

Abbreviated Company Accounts - RACEWARE DIRECT LTD


Registered Number 08322436

RACEWARE DIRECT LTD

Abbreviated Accounts

31 December 2013

RACEWARE DIRECT LTD Registered Number 08322436

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013
£
Fixed assets
Tangible assets 2 6,967
6,967
Current assets
Stocks 3,200
Debtors 3,242
Cash at bank and in hand 7,957
14,399
Creditors: amounts falling due within one year (6,691)
Net current assets (liabilities) 7,708
Total assets less current liabilities 14,675
Total net assets (liabilities) 14,675
Capital and reserves
Called up share capital 3 2
Profit and loss account 14,673
Shareholders' funds 14,675
  • For the year ending 31 December 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 15 August 2014

And signed on their behalf by:
Mr M Harris, Director

RACEWARE DIRECT LTD Registered Number 08322436

Notes to the Abbreviated Accounts for the period ended 31 December 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.

2Tangible fixed assets
£
Cost
Additions 7,719
Disposals -
Revaluations -
Transfers -
At 31 December 2013 7,719
Depreciation
Charge for the year 752
On disposals -
At 31 December 2013 752
Net book values
At 31 December 2013 6,967
3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2 Ordinary shares of £1 each 2