RNL CONSULTING LTD
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
Company Registration No. 06021232 (England and Wales)
RNL CONSULTING LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
RNL CONSULTING LTD
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
2,202
2,270
Current assets
Debtors
75,567
117,237
Cash at bank and in hand
57,757
30,942
133,324
148,179
Creditors: amounts falling due within one year
(54,841)
(50,197)
Net current assets
78,483
97,982
Total assets less current liabilities
80,685
100,252
Capital and reserves
Called up share capital
3
3
3
Profit and loss account
80,682
100,249
Shareholders' funds
80,685
100,252
For the financial year ended 31 March 2016 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 23 December 2016
H Awan
Director
Company Registration No. 06021232
RNL CONSULTING LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 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 January 2015).
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 the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.
1.4
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:
Computer equipment
25% on a reducing balance basis
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2015
6,294
Additions
737
At 31 March 2016
7,031
Depreciation
At 1 April 2015
4,024
Charge for the year
805
At 31 March 2016
4,829
Net book value
At 31 March 2016
2,202
At 31 March 2015
2,270
RNL CONSULTING LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
3 Ordinary of £1 each
3
3
4
Transactions with directors
Creditors include an amount of £2,825 (2015: £21,729) in respect of director's loan accounts.