Abbreviated Company Accounts - BARRY RILEY & SONS LIMITED

BARRY RILEY & SONS LIMITED - Company Information

00932288 BARRY RILEY & SONS LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 00932288 2013-05-01 2014-04-30 00932288 2014-04-30 00932288 2013-04-30 00932288 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 00932288 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 00932288

BARRY RILEY & SONS LIMITED

Abbreviated Accounts

30 April 2014

BARRY RILEY & SONS LIMITED Registered Number 00932288

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,581,593	1,607,345
Investments	3	12,080	12,080
		1,593,673	1,619,425
Current assets
Stocks		-	-
Debtors		-	-
Investments		-	-
Cash at bank and in hand		16	16
		16	16
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year	4	(96,123)	(146,327)
Net current assets (liabilities)		(96,107)	(146,311)
Total assets less current liabilities		1,497,566	1,473,114
Creditors: amounts falling due after more than one year	4	(587,199)	(723,712)
Provisions for liabilities		(15,000)	(15,000)
Accruals and deferred income		0	0
Total net assets (liabilities)		895,367	734,402
Capital and reserves
Called up share capital	5	24,000	24,000
Other reserves		1,000	1,000
Profit and loss account		870,367	709,402
Shareholders' funds		895,367	734,402

For the year ending 30 April 2014 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 19 December 2014

And signed on their behalf by:
MICHAEL PA RILEY, Director

BARRY RILEY & SONS LIMITED Registered Number 00932288

Notes to the Abbreviated Accounts for the period ended 30 April 2014

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
The turnover shown in the Profit & Loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the usual economic life of that asset as follows:

Freehold property - Depreciation is charged at 2% on the straightline method

2Tangible fixed assets

	£
Cost
At 1 May 2013	1,787,609
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 30 April 2014	1,787,609
Depreciation
At 1 May 2013	180,264
Charge for the year	25,752
On disposals	-
At 30 April 2014	206,016
Net book values
At 30 April 2014	1,581,593
At 30 April 2013	1,607,345

3Fixed assets Investments
Shares in Group undertakings
Cost at 01st May 2013 and 30th April 2014 - £12,080.00

4Creditors

	2014 £	2013 £
Secured Debts	332,677	415,562
Instalment debts due after 5 years	257,821	296,219
Non-instalment debts due after 5 years	629,378	427,493

5Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
24,000 Ordinary shares of £1 each	24,000	24,000