Abbreviated Company Accounts - RILEY INDUSTRIES LIMITED

RILEY INDUSTRIES LIMITED - Company Information

01965748 RILEY INDUSTRIES LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 01965748 2014-05-01 2015-04-30 01965748 2015-04-30 01965748 2014-04-30 01965748 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 01965748 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number 01965748

RILEY INDUSTRIES LIMITED

Abbreviated Accounts

30 April 2015

RILEY INDUSTRIES LIMITED Registered Number 01965748

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	86,091	93,219
		86,091	93,219
Current assets
Stocks		558,101	488,561
Debtors	3	211,252	491,481
Cash at bank and in hand		47,823	6,407
		817,176	986,449
Creditors: amounts falling due within one year	4	(781,092)	(949,627)
Net current assets (liabilities)		36,084	36,822
Total assets less current liabilities		122,175	130,041
Creditors: amounts falling due after more than one year	4	(13,329)	(18,147)
Total net assets (liabilities)		108,846	111,894
Capital and reserves
Called up share capital	5	100	100
Profit and loss account		108,746	111,794
Shareholders' funds		108,846	111,894

For the year ending 30 April 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 31 December 2015

And signed on their behalf by:
MPA Riley, Director

RILEY INDUSTRIES LIMITED Registered Number 01965748

Notes to the Abbreviated Accounts for the period ended 30 April 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

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

Plant & Machinery - 25% reducing balance
Motor Vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 May 2014	209,913
Additions	28,457
Disposals	(17,594)
Revaluations	-
Transfers	-
At 30 April 2015	220,776
Depreciation
At 1 May 2014	116,694
Charge for the year	28,707
On disposals	(10,716)
At 30 April 2015	134,685
Net book values
At 30 April 2015	86,091
At 30 April 2014	93,219

3Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	41,798	329,378

4Creditors

	2015 £	2014 £
Secured Debts	-	81,691

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100