Raydons Limited - Accounts to registrar (filleted) - small 18.2
Raydons Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2019 |
| FOR |
| Raydons Limited |
| Raydons Limited (Registered number: 02876413) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 December 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Chartered Accountants' Report | 6 |
| Raydons Limited |
| COMPANY INFORMATION |
| for the Year Ended 31 December 2019 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Units SCF 1 & 2 |
| Western International Market |
| Hayes Road |
| Southall |
| Middlesex |
| UB2 5XJ |
| Raydons Limited (Registered number: 02876413) |
| BALANCE SHEET |
| 31 December 2019 |
| 31.12.19 | 31.12.18 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation Increase in Value | 8 |
| Retained earnings | 8 |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| Raydons Limited (Registered number: 02876413) |
| BALANCE SHEET - continued |
| 31 December 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on signed on its behalf by: |
| Raydons Limited (Registered number: 02876413) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 December 2019 |
| 1. | STATUTORY INFORMATION |
| Raydons Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Freehold property | - |
| Fixtures and fittings | - |
| Freehold property |
| No depreciation is provided on the freehold property which is a departure from the requirements of the |
| Companies Act 2006. In the opinion of the directors this building's current value is of more significance than |
| any measure of consumption and to depreciate it would not give a true and fair view. If this departure from the |
| Act had not been made, the (profit/loss) for the year would have been reduced by depreciation. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | and |
| property | fittings | Totals |
| £ | £ | £ |
| COST |
| At 1 January 2019 |
| Disposals | ( |
) | ( |
) |
| At 31 December 2019 |
| DEPRECIATION |
| At 1 January 2019 |
| Charge for year |
| At 31 December 2019 |
| NET BOOK VALUE |
| At 31 December 2019 |
| At 31 December 2018 |
| Raydons Limited (Registered number: 02876413) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 December 2019 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 1 January 2019 |
| Increase/(Loss) in value |
| Movements during the year | ( |
) |
| At 31 December 2019 |
| NET BOOK VALUE |
| At 31 December 2019 |
| At 31 December 2018 |
| Fixed asset investments are shown at market value. |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.19 | 31.12.18 |
| £ | £ |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.19 | 31.12.18 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 8. | RESERVES |
| Revaluation |
| Retained | Increase |
| earnings | in Value | Totals |
| £ | £ | £ |
| At 1 January 2019 | 1,352,013 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| Increase in value investments | 143,414 | 32,111 | 175,525 |
| Decrease in value Property | (90,295 | ) | 90,295 | - |
| At 31 December 2019 | 1,404,955 |
| 9. | RELATED PARTY DISCLOSURES |
| There were no transactions that need to be disclosed under the Financial Reporting Standard 102 1A. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Mr P D Clarke. |
| CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| RAYDONS LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to |
| file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements |
| and the Report of the Directors are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Raydons Limited for the year ended 31 December 2019 which comprise the Income Statement, |
| Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the |
| company's accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the Board of Directors of Raydons Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Raydons Limited and state those matters that we have agreed to state to the Board of Directors of Raydons Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Raydons Limited and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Raydons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Raydons Limited. You consider that Raydons Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Raydons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Accountants |
| Units SCF 1 & 2 |
| Western International Market |
| Hayes Road |
| Southall |
| Middlesex |
| UB2 5XJ |