Abbreviated Company Accounts - TERRY RYAN PHOTOGRAPHY LIMITED

Abbreviated Company Accounts - TERRY RYAN PHOTOGRAPHY LIMITED


Registered Number 02775403

TERRY RYAN PHOTOGRAPHY LIMITED

Abbreviated Accounts

31 October 2015

TERRY RYAN PHOTOGRAPHY LIMITED Registered Number 02775403

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 7,795 10,393
7,795 10,393
Current assets
Stocks 1,500 1,500
Debtors 13,166 23,780
Cash at bank and in hand 5,043 100
19,709 25,380
Creditors: amounts falling due within one year (13,190) (26,078)
Net current assets (liabilities) 6,519 (698)
Total assets less current liabilities 14,314 9,695
Total net assets (liabilities) 14,314 9,695
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 14,214 9,595
Shareholders' funds 14,314 9,695
  • For the year ending 31 October 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 15 July 2016

And signed on their behalf by:
MR T A M RYAN, Director

TERRY RYAN PHOTOGRAPHY LIMITED Registered Number 02775403

Notes to the Abbreviated Accounts for the period ended 31 October 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 VAT

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated usefule life.

2Tangible fixed assets
£
Cost
At 1 November 2014 49,253
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2015 49,253
Depreciation
At 1 November 2014 38,860
Charge for the year 2,598
On disposals -
At 31 October 2015 41,458
Net book values
At 31 October 2015 7,795
At 31 October 2014 10,393
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100