Abbreviated Company Accounts - R P GRAY LIMITED

04934978 R P GRAY LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 04934978 2014-04-01 2015-03-31 04934978 2015-03-31 04934978 2014-03-31 04934978 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 04934978 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 04934978

R P GRAY LIMITED

Abbreviated Accounts

31 March 2015

R P GRAY LIMITED Registered Number 04934978

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	15,724	20,957
		15,724	20,957
Current assets
Stocks		42,850	56,295
Debtors		-	5,923
Cash at bank and in hand		39,646	12,446
		82,496	74,664
Creditors: amounts falling due within one year		(92,350)	(91,936)
Net current assets (liabilities)		(9,854)	(17,272)
Total assets less current liabilities		5,870	3,685
Provisions for liabilities		(1,980)	(2,771)
Total net assets (liabilities)		3,890	914
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		3,889	913
Shareholders' funds		3,890	914

For the year ending 31 March 2015 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 24 December 2015

And signed on their behalf by:
R P Gray, Director

R P GRAY LIMITED Registered Number 04934978

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2014	107,971
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	107,971
Depreciation
At 1 April 2014	87,014
Charge for the year	5,233
On disposals	-
At 31 March 2015	92,247
Net book values
At 31 March 2015	15,724
At 31 March 2014	20,957

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1