Abbreviated Company Accounts - RAYAN BAKERIES LTD

RAYAN BAKERIES LTD - Company Information

Registered Number 04462371

RAYAN BAKERIES LTD

Abbreviated Accounts

30 November 2013

RAYAN BAKERIES LTD Registered Number 04462371

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	1,127,309	52,039
		1,127,309	52,039
Current assets
Stocks		11,330	7,530
Debtors		57,889	31,889
Cash at bank and in hand		90,854	351,201
		160,073	390,620
Creditors: amounts falling due within one year		(397,850)	(266,204)
Net current assets (liabilities)		(237,777)	124,416
Total assets less current liabilities		889,532	176,455
Creditors: amounts falling due after more than one year		(650,000)	0
Total net assets (liabilities)		239,532	176,455
Capital and reserves
Called up share capital		300	300
Profit and loss account		239,232	176,155
Shareholders' funds		239,532	176,455

For the year ending 30 November 2013 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 28 August 2014

And signed on their behalf by:
Mr Ali Zreik, Director

RAYAN BAKERIES LTD Registered Number 04462371

Notes to the Abbreviated Accounts for the period ended 30 November 2013

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
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is
provided at rates calculated to write off the cost less estimated residual value of each asset over its
expected useful life, as follows:
Land and buildings Freehold Nil
Land and buildings Leasehold
Plant and machinery 25% on reducing balance basis.
Fixtures, fittings & equipment 25% on reducing balance basis.
Motor vehicles 25% on reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 December 2012	181,240
Additions	1,100,490
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	1,281,730
Depreciation
At 1 December 2012	129,201
Charge for the year	25,220
On disposals	-
At 30 November 2013	154,421
Net book values
At 30 November 2013	1,127,309
At 30 November 2012	52,039