Radley Ainley Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 08017427 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2020

for

Radley Ainley Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

R Ainley

REGISTERED OFFICE:

16 Newmarket

Otley

West Yorkshire

LS21 3AE

REGISTERED NUMBER:

08017427 (England and Wales)

ACCOUNTANTS:

Cranbourne Accountancy and Taxation Services

16 Newmarket

Otley

West Yorkshire

LS21 3AE

FIXED ASSETS

Tangible assets

4

-

839

CURRENT ASSETS

Debtors

5

3,001

3,001

Cash at bank

-

446

3,001

3,447

CREDITORS

Amounts falling due within one year

6

3,062

3,205

NET CURRENT (LIABILITIES)/ASSETS

(61

)

242

TOTAL ASSETS LESS CURRENT LIABILITIES

(61

)

1,081

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

(63

)

1,079

SHAREHOLDERS' FUNDS

(61

)

1,081

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director on 31 December 2020 and were signed by:

R Ainley - Director

1.	STATUTORY INFORMATION

Radley Ainley Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company

Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss

account, except to the extent that it relates to items recognised in other comprehensive income or

directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that

are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other future

taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Office

and

computer

equipmt

£

COST

At 1 May 2019

4,130

Disposals

(4,130

)

At 30 April 2020

-

DEPRECIATION

At 1 May 2019

3,291

Charge written back

(3,291

)

At 30 April 2020

-

NET BOOK VALUE

At 30 April 2020

-

At 30 April 2019

839

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Tax

3,001

3,001

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Directors' current accounts

2,582

1,905

Accrued expenses

480

1,300

3,062

3,205

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.20

30.4.19

value:

£

£

2

Ordinary

1

2

2

The following reproduces the text of the report prepared for the director and members 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 Director are not required to be filed with the

Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2020 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Cranbourne Accountancy and Taxation Services

16 Newmarket

Otley

West Yorkshire

LS21 3AE

Date: .............................................