Nicholas Ryan Projects Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07830810 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2013

for

Nicholas Ryan Projects Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N S Eastwood

D Ryan

REGISTERED OFFICE:

61 Bracadale Drive

Davenport

Stockport

Greater Manchester

SK3 8RS

REGISTERED NUMBER:

07830810 (England and Wales)

ACCOUNTANTS:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

CURRENT ASSETS

Stocks

-

52,923

Debtors

41,835

27,327

Cash at bank

6,450

3,448

48,285

83,698

CREDITORS

Amounts falling due within one year

36,498

67,024

NET CURRENT ASSETS

11,787

16,674

TOTAL ASSETS LESS CURRENT LIABILITIES

11,787

16,674

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

11,687

16,574

SHAREHOLDERS' FUNDS

11,787

16,674

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 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 8 July 2014 and were signed on its behalf by:

D Ryan - Director

N S Eastwood - 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 the invoiced value of services provided net of value added tax.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Ordinary

£1

100

100

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 November 2013 and the

period ended 30 November 2012:

2013

2012

£

£

N S Eastwood

Balance outstanding at start of year

-

-

Amounts advanced

32,330

-

Amounts repaid

(21,102

)

-

Balance outstanding at end of year

11,228

-

D Ryan

Balance outstanding at start of year

-

-

Amounts advanced

29,932

-

Amounts repaid

(21,430

)

-

Balance outstanding at end of year

8,502

-

The loans were unsecured, at commercial rates of interest and repayable on demand.