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REMOTE-EYES LIMITED




Company Registration Number:
05241997 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st October 2009

End date: 30th September 2010

SUBMITTED

REMOTE-EYES LIMITED

Company Information
for the Period Ended
30th September 2010




Director: Jon Wrennall
Registered office: Elmdale
Martinsend Lane
Great Missenden
Bucks
HP16 9HR
Company Registration Number: 05241997 (England and Wales)

REMOTE-EYES LIMITED

Abbreviated Balance sheet
As at 30th September 2010

Notes 2010
£
2009
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 2 4,404 2,184
Total fixed assets: 4,404 2,184
Current assets
Stocks: 1,278 1,278
Debtors: 21 338
Cash at bank and in hand: 72 3,171
Total current assets: 1,371 4,787
Creditors
Creditors: amounts falling due within one year 3 12,580 12,636
Net current assets (liabilities): ( 11,209 ) ( 7,849 )
Total assets less current liabilities: ( 6,805 ) ( 5,665 )
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 .0
Total net assets (liabilities): ( 6,805 ) ( 5,665 )

The notes form part of these financial statements

REMOTE-EYES LIMITED

Abbreviated Balance sheet
As at 30th September 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 4 501 501
Revaluation reserve: 0 0
Profit and Loss account: ( 7,306 ) ( 6,166 )
Total shareholders funds: ( 6,805 ) ( 5,665 )

For the year ending 30 September 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 27 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Jon Wrennall
Status: Director

The notes form part of these financial statements

REMOTE-EYES LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
30th September 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008)

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at the cost less depreciation. Depreciation is provided at rates calculated to write off the cost of valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Fixtures and fittings - 20% per annum reducing-balance method Computers and office equipment - 20% per annum reducing-balance method Plant and machinery - 20% per annum reducing-balance method All fixed assets are summarised as Plant and Machinery due to identical depreciation policy

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

  • 2. Tangible assets

    Total
    Cost £
    At 01st October 2009: 5,129
    Additions: 3,321
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    At 30th September 2010: 8,450
    Depreciation
    At 01st October 2009: 2,945
    Charge for year: 1,101
    On disposals: 0
    Other adjustments 0
    At 30th September 2010: 4,046
    Net book value
    At 30th September 2010: 4,404
    At 30th September 2009: 2,184

  • 3. Creditors: amounts falling due within one year

    Going Concern The company relies on the support of the director to continue trading. The director is of the opinion that the company will be able to meet its obligations as they fall due for the foreseeable future and for at least twelve months from the date of signing these accounts.

  • 4. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 501 1 501
    Preference shares: 0 - -
    Total share capital: 501
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 501 1 501
    Preference shares: 0 - -
    Total share capital: 501