Registered Number 05981034
RHOD DAVIES LIMITED
Abbreviated Accounts
31 October 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
During the year, the company sustained losses. However, the director believes that in the near future the company will start making sales again and return to profitability. Until such time as this happens, the director confirms that he will continue to support the company. He also confirms that he will not withdraw his loan. Therefore, the company's accounts have been prepared on the going concern basis.
Turnover policy
Tangible assets depreciation policy
Computer equipment 33% straight line
£ | |
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Cost | |
At 1 November 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 October 2016 |
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Depreciation | |
At 1 November 2015 |
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Charge for the year |
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On disposals |
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At 31 October 2016 |
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Net book values | |
At 31 October 2016 | 132 |
At 31 October 2015 | 264 |