Reynolds Blinds (Oxford) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07280785 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

for

REYNOLDS BLINDS (OXFORD) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D Pickup

I R Pickup

J D Pickup

REGISTERED OFFICE:

19-25 Melchett Road

Kings Norton

Birmingham

West Midlands

B30 3HG

REGISTERED NUMBER:

07280785 (England and Wales)

ACCOUNTANTS:

Stanley Yule Chartered Accountants

Waterside House

Waterside Business Park

1649 Pershore Road

Birmingham

West Midlands

B30 3DR

FIXED ASSETS

Tangible assets

2

14,767

2,220

CURRENT ASSETS

Stocks

1,527

5,309

Debtors

46,340

7,821

Cash at bank

57,239

89,365

105,106

102,495

CREDITORS

Amounts falling due within one year

92,067

85,992

NET CURRENT ASSETS

13,039

16,503

TOTAL ASSETS LESS CURRENT LIABILITIES

27,806

18,723

PROVISIONS FOR LIABILITIES

528

-

NET ASSETS

27,278

18,723

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

27,277

18,722

SHAREHOLDERS' FUNDS

27,278

18,723

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 18 March 2016 and were signed on its behalf by:

J D Pickup - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax arising from the sale

and supply of goods and services. Income is recognised on despatch of goods or on delivery of a service.

Tangible fixed assets

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

Land and buildings

-

20% on cost

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Cost is defined as the initial purchase price of raw materials, including handling costs and delivery, together

with directs costs of production - labour and consumables, together with an estimated overhead allocation to

the labour costs incurred.

Net realisable value is the estimated proceeds from the sale of items of stock, less all further costs to be

incurred in marketing, selling and distributing the items in question.

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

15,007

Additions

17,418

Disposals

(4,431

)

At 30 September 2015

27,994

DEPRECIATION

At 1 October 2014

12,787

Charge for year

4,871

Eliminated on disposal

(4,431

)

At 30 September 2015

13,227

NET BOOK VALUE

At 30 September 2015

14,767

At 30 September 2014

2,220

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1

4.	ULTIMATE PARENT COMPANY

The company is a wholly owned subsidiary of Blind Rage Limited, a company incorporated in England.