Abbreviated Company Accounts - R & C TAMBLING LIMITED

R & C TAMBLING LIMITED - Company Information

Registered Number 06885028

R & C TAMBLING LIMITED

Abbreviated Accounts

30 April 2014

R & C TAMBLING LIMITED Registered Number 06885028

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	57,057	49,509
		57,057	49,509
Current assets
Stocks		6,200	6,133
Debtors		3,799	7,477
Cash at bank and in hand		19,576	17,635
		29,575	31,245
Prepayments and accrued income		1,351	1,874
Creditors: amounts falling due within one year		(81,478)	(88,458)
Net current assets (liabilities)		(50,552)	(55,339)
Total assets less current liabilities		6,505	(5,830)
Accruals and deferred income		(4,835)	(4,003)
Total net assets (liabilities)		1,670	(9,833)
Capital and reserves
Called up share capital		2	2
Profit and loss account		1,668	(9,835)
Shareholders' funds		1,670	(9,833)

For the year ending 30 April 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 28 January 2015

And signed on their behalf by:
C Tambling, Director

R & C TAMBLING LIMITED Registered Number 06885028

Notes to the Abbreviated Accounts for the period ended 30 April 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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off assets over their estimated useful lives
Fixtures & fittings 15% reducing balance
Motor vehicles 15% reducing balance

Other accounting policies
Stock is valued at the lower of cost or net realisable value.

Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences reverse.

2Tangible fixed assets

	£
Cost
At 1 May 2013	78,786
Additions	15,995
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	94,781
Depreciation
At 1 May 2013	29,277
Charge for the year	8,447
On disposals	-
At 30 April 2014	37,724
Net book values
At 30 April 2014	57,057
At 30 April 2013	49,509