Registered Number 07363073

RAINBOW EVENTS MANAGEMENT LIMITED

Abbreviated Accounts

30 September 2016

RAINBOW EVENTS MANAGEMENT LIMITED Registered Number 07363073

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 253 453
253 453
Current assets
Debtors 2,314 3,870
Cash at bank and in hand 6,203 4,728
8,517 8,598
Creditors: amounts falling due within one year (1,211) (1,833)
Net current assets (liabilities) 7,306 6,765
Total assets less current liabilities 7,559 7,218
Total net assets (liabilities) 7,559 7,218
Capital and reserves
Called up share capital 1 1
Profit and loss account 7,558 7,217
Shareholders' funds 7,559 7,218
  • For the year ending 30 September 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 June 2017

And signed on their behalf by:
MRS TOLANI MARY GABRIEL, Director

RAINBOW EVENTS MANAGEMENT LIMITED Registered Number 07363073

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

2Tangible fixed assets
£
Cost
At 1 October 2015 8,045
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2016 8,045
Depreciation
At 1 October 2015 7,592
Charge for the year 200
On disposals -
At 30 September 2016 7,792
Net book values
At 30 September 2016 253
At 30 September 2015 453