Abbreviated Company Accounts - R-TECH FLUID DYNAMICS LIMITED

07644885 R-TECH FLUID DYNAMICS LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 07644885 2014-06-01 2015-05-31 07644885 2015-05-31 07644885 2014-05-31 07644885 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 07644885 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 07644885

R-TECH FLUID DYNAMICS LIMITED

Abbreviated Accounts

31 May 2015

R-TECH FLUID DYNAMICS LIMITED Registered Number 07644885

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	8,403	11,373
		8,403	11,373
Current assets
Debtors		2,907	1,331
Cash at bank and in hand		13,304	851
		16,211	2,182
Creditors: amounts falling due within one year		(13,246)	(3,466)
Net current assets (liabilities)		2,965	(1,284)
Total assets less current liabilities		11,368	10,089
Provisions for liabilities		(121)	(195)
Total net assets (liabilities)		11,247	9,894
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		11,246	9,893
Shareholders' funds		11,247	9,894

For the year ending 31 May 2015 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 26 February 2016

And signed on their behalf by:
MR R B CHANDRASHEKAR, Director

R-TECH FLUID DYNAMICS LIMITED Registered Number 07644885

Notes to the Abbreviated Accounts for the period ended 31 May 2015

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 net invoiced sales of services, including value added tax. The company
operates the flat rate scheme for small businesses to account for value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Equipment 20% on cost
Race development vehicle 20% on cost

2Tangible fixed assets

	£
Cost
At 1 June 2014	14,851
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	14,851
Depreciation
At 1 June 2014	3,478
Charge for the year	2,970
On disposals	-
At 31 May 2015	6,448
Net book values
At 31 May 2015	8,403
At 31 May 2014	11,373

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1