Rayward Installations Ltd - Abbreviated accounts 16.1
Rayward Installations Ltd - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated Accounts |
| for the Year Ended 28th February 2016 |
| for |
| Rayward Installations Ltd |
| Rayward Installations Ltd (Registered number: 08409886) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 28th February 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Rayward Installations Ltd |
| Company Information |
| for the Year Ended 28th February 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Rayward Installations Ltd (Registered number: 08409886) |
| Abbreviated Balance Sheet |
| 28th February 2016 |
| 28.2.16 | 28.2.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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 were approved by the director on |
| Rayward Installations Ltd (Registered number: 08409886) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 28th February 2016 |
| 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 January 2015). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Stocks |
| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance |
| for obsolete and slow moving items. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
| balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
| the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 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. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st March 2015 |
| Additions |
| At 28th February 2016 |
| DEPRECIATION |
| At 1st March 2015 |
| Charge for year |
| At 28th February 2016 |
| NET BOOK VALUE |
| At 28th February 2016 |
| At 28th February 2015 |
| Rayward Installations Ltd (Registered number: 08409886) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 28th February 2016 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 28.2.16 | 28.2.15 |
| value: | £ | £ |
| Ordinary | £1 |
| Ordinary A | £1 |
| 100 | 100 |
| 4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 28th February 2016 and |
| 28th February 2015: |
| 28.2.16 | 28.2.15 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |