S.j. Fray Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04786928 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

S.j. Fray Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S J Fray

SECRETARY:

REGISTERED OFFICE:

36 Highway Road

Thurmaston

LEICESTER

Leicestershire

LE4 8FQ

REGISTERED NUMBER:

04786928 (England and Wales)

ACCOUNTANTS:

Vaughan Davies & Co (Accountants) Ltd

Post Office House

100 Long Street

Atherstone

Warwickshire

CV9 1AP

FIXED ASSETS

Tangible assets

2

18,343

2,106

CURRENT ASSETS

Debtors

2,397

11,574

Cash at bank

11,855

5,088

14,252

16,662

CREDITORS

Amounts falling due within one year

9,062

14,312

NET CURRENT ASSETS

5,190

2,350

TOTAL ASSETS LESS CURRENT
LIABILITIES

23,533

4,456

CREDITORS

Amounts falling due after more than one
year

14,885

-

NET ASSETS

8,648

4,456

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

8,548

4,356

SHAREHOLDERS' FUNDS

8,648

4,456

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

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 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 director on 31 October 2016 and were signed by:

S J Fray - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

11,763

Additions

19,738

Disposals

(7,560

)

At 31 July 2016

23,941

DEPRECIATION

At 1 August 2015

9,657

Charge for year

1,707

Eliminated on disposal

(5,766

)

At 31 July 2016

5,598

NET BOOK VALUE

At 31 July 2016

18,343

At 31 July 2015

2,106

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

100

Ordinary

£1

100