Company Registration No. 01133391 (England and Wales)
RDP REGISTRARS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2015
RDP REGISTRARS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
RDP REGISTRARS LIMITED
ABBREVIATED BALANCE SHEET
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
846,705
285,391
Current assets
Debtors
103,049
80,390
Cash at bank and in hand
46,890
70,263
149,939
150,653
Creditors: amounts falling due within one year
(991,358)
(392,775)
Net current liabilities
(841,419)
(242,122)
Total assets less current liabilities
5,286
43,269
Capital and reserves
Called up share capital
3
10
10
Profit and loss account
5,276
43,259
Shareholders' funds
5,286
43,269
For the financial year ended 31 May 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 25 February 2016
P Radia
Director
Company Registration No. 01133391
RDP REGISTRARS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for services net of VAT.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.5
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
25% reducing balance
2
Fixed assets
Intangible assets
£
Cost
At 1 June 2014
642,318
Additions
720,278
At 31 May 2015
1,362,596
Depreciation
At 1 June 2014
356,927
Charge for the year
158,964
At 31 May 2015
515,891
Net book value
At 31 May 2015
846,705
At 31 May 2014
285,391
RDP REGISTRARS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
10 Ordinary shares of £1 each
10
10