Company Registration No. 05614323 (England and Wales)
REAL SPIRIT LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 NOVEMBER 2015
30 November 2015
REAL SPIRIT LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
REAL SPIRIT LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 NOVEMBER 2015
30 November 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
6,043
7,311
Current assets
Debtors
15,333
11,220
Cash at bank and in hand
9,487
13,625
24,820
24,845
Creditors: amounts falling due within one year
(22,074)
(19,354)
Net current assets
2,746
5,491
Total assets less current liabilities
8,789
12,802
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
8,787
12,800
Shareholders' funds
8,789
12,802
For the financial year ended 30 November 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his 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 31 August 2016
JK Lang
Director
Company Registration No. 05614323
REAL SPIRIT LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED
30 NOVEMBER 2015
30 November 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
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
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:
Plant and machinery
20% on net book value
2
Fixed assets
Tangible assets
£
Cost
At 1 December 2014
28,316
Additions
243
At 30 November 2015
28,559
Depreciation
At 1 December 2014
21,005
Charge for the year
1,511
At 30 November 2015
22,516
Net book value
At 30 November 2015
6,043
At 30 November 2014
7,311
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
2 Ordinary £1 shares of £1 each
2
2