Registered Number 06933824

REDNAL PNEUMATICS LTD

Abbreviated Accounts

30 June 2012

REDNAL PNEUMATICS LTD Registered Number 06933824

Abbreviated Balance Sheet as at 30 June 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 1,667 656
Investments 3 50,250 50,250
51,917 50,906
Current assets
Debtors 361,715 149,255
Cash at bank and in hand 41,136 4,732
402,851 153,987
Creditors: amounts falling due within one year (334,380) (106,661)
Net current assets (liabilities) 68,471 47,326
Total assets less current liabilities 120,388 98,232
Total net assets (liabilities) 120,388 98,232
Capital and reserves
Called up share capital 100 100
Profit and loss account 120,288 98,132
Shareholders' funds 120,388 98,232
  • For the year ending 30 June 2012 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 20 March 2013

And signed on their behalf by:
T M Nunan, Director

REDNAL PNEUMATICS LTD Registered Number 06933824

Notes to the Abbreviated Accounts for the period ended 30 June 2012

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 total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:
Fixtures 25% Reducing Balance

Other accounting policies
Group Accounts
The company has claimed exemption from preparing group accounts at it is a parent of a small group

2Tangible fixed assets
£
Cost
At 1 July 2011 875
Additions 1,567
Disposals -
Revaluations -
Transfers -
At 30 June 2012 2,442
Depreciation
At 1 July 2011 219
Charge for the year 556
On disposals -
At 30 June 2012 775
Net book values
At 30 June 2012 1,667
At 30 June 2011 656

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for diminution in value.
The investment represents the holding of 100% of the ordinary share capital of B.S.C. (Diecasting) Limited, a company incorporated in England. The main object of the company is the casting of metal.