Red Spot Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05091524 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

for

Red Spot Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D Blake

REGISTERED OFFICE:

Unit 3

Navigation Wharf

Sleaford

Lincolnshire

NG34 7TW

REGISTERED NUMBER:

05091524 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Northgate House

Northgate

Sleaford

Lincolnshire

NG34 7BZ

FIXED ASSETS

Tangible assets

2

4,422

3,389

CURRENT ASSETS

Debtors

7,907

12,071

Cash at bank

1,356

9,543

9,263

21,614

CREDITORS

Amounts falling due within one year

8,025

5,988

NET CURRENT ASSETS

1,238

15,626

TOTAL ASSETS LESS CURRENT LIABILITIES

5,660

19,015

CREDITORS

Amounts falling due after more than one year

-

29,190

NET ASSETS/(LIABILITIES)

5,660

(10,175

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

5,658

(10,177

)

SHAREHOLDERS' FUNDS

5,660

(10,175

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27 January 2015 and were signed by:

D Blake - Director

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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33.33% on reducing balance

Computer equipment

-

33.33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

35,306

Additions

3,090

At 30 April 2014

38,396

DEPRECIATION

At 1 May 2013

31,917

Charge for year

2,057

At 30 April 2014

33,974

NET BOOK VALUE

At 30 April 2014

4,422

At 30 April 2013

3,389

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2