Raymond Bird (IP) Limited - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 05091598 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2016

for

Raymond Bird (IP) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R F Bird

B Bird

Mrs S J Bird

SECRETARY:

Mrs S J Bird

REGISTERED OFFICE:

Suite 1

Liberty House

South Liberty Lane

Bristol

BS3 2ST

REGISTERED NUMBER:

05091598 (England and Wales)

ACCOUNTANTS:

Stanley Joseph Limited

Chartered Accountants

Suite 1

Liberty House

South Liberty Lane

Bristol

BS3 2ST

FIXED ASSETS

Investments

3

10

10

CURRENT ASSETS

Debtors: amounts falling due within one year

4

25,045

-

Cash at bank

79

46,419

25,124

46,419

CREDITORS

Amounts falling due within one year

5

25,026

45,437

NET CURRENT ASSETS

98

982

TOTAL ASSETS LESS CURRENT LIABILITIES

108

992

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

892

SHAREHOLDERS' FUNDS

108

992

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 16 September 2016 and were signed on its behalf by:

Mrs S J Bird - Director

B Bird - Director

1.	STATUTORY INFORMATION

Raymond Bird (IP) Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Raymond Bird (IP) Limited as an individual company

and do not contain consolidated financial information as the parent of a group. The company has taken

the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial

statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102

'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related

party transactions with wholly owned subsidiaries within the group.

Deferred tax

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

the statement of financial position date.

3.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 June 2015

and 31 May 2016

10

NET BOOK VALUE

At 31 May 2016

10

At 31 May 2015

10

The company's investments at the Statement of Financial Position date in the share capital of

companies include the following:

Jomebelo Limited

Registered office:

Nature of business: Distributor of haircare products

%

Class of shares:

holding

Ordinary

100.00

31.5.16

31.5.15

£

£

Aggregate capital and reserves

98,385

123,321

Profit for the year

235,083

177,518

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.16

31.5.15

£

£

Amounts owed by group undertakings

25,045

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.16

31.5.15

£

£

Taxation and social security

22,426

21,442

Other creditors

2,600

23,995

25,026

45,437

6.	RELATED PARTY DISCLOSURES

During the year, total dividends of £331,594 (2015 - £197,198) were paid to the directors .

During the year the company entered into the following transactions with the directors:

R Bird:

2016

2015

Dividends paid

120,686

90,000

At the balance sheet date the amount due to the director was £2,000 (2015 - £2,000)

Mrs S J Bird:

2016

2015

Dividends paid

105,454

53,599

Mr B Bird:

2016

2015

Dividends paid

105,454

53,599

7.	ULTIMATE CONTROLLING PARTY