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RED BUSINESS SOLUTIONS LIMITED




Company Registration Number:
04654449 (England and Wales)



Report of the Directors and Unaudited Financial Statements



Period of accounts


Start date: 01st March 2009

End date: 28th February 2010

SUBMITTED

RED BUSINESS SOLUTIONS LIMITED

Contents of the Financial Statements
for the Period Ended
28th February 2010

Company Information
Report of the Directors
Profit and Loss Account
Balance sheet
Notes to the Financial Statements

RED BUSINESS SOLUTIONS LIMITED

Company Information
for the Period Ended
28th February 2010




Director: Nathan Cotter
Carrie-Ann Cotter
Company secretary: Carrie-Ann Cotter
Registered office: 44 Minnis Lane
River
Dover
Kent
CT17 0PR
Company Registration Number: 04654449 (England and Wales)

RED BUSINESS SOLUTIONS LIMITED

Directors’ Report Period Ended 28th February 2010

The directors present their report with the financial statements of the company for the period ended 28th February 2010

Principal activities
The principal activity of the company in the period under review was:
bookkeeping services

Directors
The directors shown below have held office during the whole of the period from
01st March 2009 to 28th February 2010
Nathan Cotter
Carrie-Ann Cotter

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 20 November 2010
And Signed On Behalf Of The Board By:

Name: Nathan Cotter
Status: Director

RED BUSINESS SOLUTIONS LIMITED

Profit and Loss Account

for the Period Ended 28th February 2010

Notes 2010
£
2009
£
Turnover: 7,848 17,474
Gross profit or (loss): 7,848 17,474
Administrative expenses: , 11,746 14,006
Operating profit or (loss): 2 ( 3,898 ) 3,468
Interest receivable and similar income: - 10
Profit or (loss) on ordinary activities before taxation: ( 3,898 ) 3,478
Tax on profit or loss on ordinary activities: - 729
Profit or (loss) for the financial year: ( 3,898 ) 2,749

The notes form part of these financial statements

RED BUSINESS SOLUTIONS LIMITED

Statement of total recognised gains and losses
28th February 2010

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report.

RED BUSINESS SOLUTIONS LIMITED

Balance sheet
As at 28th February 2010

Notes 2010
£
2009
£
Fixed assets
Tangible assets: 3 0 0
Total fixed assets: 0 0
Current assets
Debtors: 4 2,778 6,300
Cash at bank and in hand: 2,326 1,729
Total current assets: 5,104 8,029
Creditors
Creditors: amounts falling due within one year 5 3,115 2,142
Net current assets (liabilities): 1,989 5,887
Total assets less current liabilities: 1,989 5,887
Total net assets (liabilities): 1,989 5,887

The notes form part of these financial statements

RED BUSINESS SOLUTIONS LIMITED

Balance sheet
As at 28th February 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Profit and Loss account: 6 1,989 5,887
Total shareholders funds: 1,989 5,887

For the year ending 28 February 2010 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 20 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Nathan Cotter
Status: Director

The notes form part of these financial statements

RED BUSINESS SOLUTIONS LIMITED

Notes to the Financial Statements
for the Period Ended
28th February 2010

  • 1. Accounting 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 June 2002).

    Turnover policy

    Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Office Equipment - 33 1/3% straight line

  • 2 . Operating profit or (loss)

    Profit before tax as stated after charging the following.

    2010 2009
    £ £
    Depreciation - owned assets: 0 0
  • 3. Tangible assets

    Land and buildings Plant Machinery Fixtures and fittings Office Equipment Motor vehicles Total
    Cost £ £ £ £ £ £
    At 01st March 2009: - - - 1,039 - 1,039
    At 28th February 2010: - - - 1,039 - 1,039
    Depreciation
    At 01st March 2009: - - - 1,039 - 1,039
    At 28th February 2010: - - - 1,039 - 1,039
    Net book value
    At 28th February 2010: - - - 0 - 0
    At 28th February 2009: - - - 0 - 0

  • 4. Debtors

    2010 2009
    £ £
    Trade debtors: 0 1,300
    Other debtors: 2,778 5,000
    Total: 2,778 6,300

  • 5. Creditors: amounts falling due within one year

    2010 2009
    £ £
    Trade creditors: 0 479
    Taxation and social security: 395 1,014
    Other creditors: 2,720 649
    Total: 3,115 2,142

  • 6. Profit and loss account

    2010 2009
    £ £
    At 01st March 2008: 5,887 3,138
    Profit or (loss) for the period: ( 3,898 ) 2,749
    Equity dividends paid: 0 0
    Retained profit at 28th February 2010: 1,989 5,887