R T Gray Property Development Limited - Accounts to registrar

REGISTERED NUMBER: 08641188 (England and Wales)

R T Gray Property Development Limited

Abridged Unaudited Financial Statements for the Year Ended 31 December 2015

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R T Gray

Mrs S J Gray

REGISTERED OFFICE:

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

08641188 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

FIXED ASSETS

Tangible assets

4

3,328

4,136

CURRENT ASSETS

Debtors: amounts falling due within one year

27,185

7,435

Cash at bank

5,452

-

32,637

7,435

CREDITORS

Amounts falling due within one year

17,170

6,052

NET CURRENT ASSETS

15,467

1,383

TOTAL ASSETS LESS CURRENT

LIABILITIES

18,795

5,519

PROVISIONS FOR LIABILITIES

255

326

NET ASSETS

18,540

5,193

CAPITAL AND RESERVES

Called up share capital

5

2

Retained earnings

18,538

5,191

SHAREHOLDERS' FUNDS

18,540

5,193

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

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

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 31 December 2015 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 30 September 2016 and were signed on its behalf

by:

R T Gray - Director

1.	STATUTORY INFORMATION

R T Gray Property Development 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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 useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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.

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2015

and 31 December 2015

5,160

DEPRECIATION

At 1 January 2015

1,024

Charge for year

808

At 31 December 2015

1,832

NET BOOK VALUE

At 31 December 2015

3,328

At 31 December 2014

4,136

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

2

Ordinary

£1

2

R T Gray Property Development Limited - Accounts to registrar - small 16.1.1

R T Gray Property Development Limited - Accounts to registrar - small 16.1.1