George Ronald Publisher Limited - Period Ending 2016-04-30

Registration number: 01813546

George Ronald Publisher Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2016
 

Critchleys LLP
Chartered Accountants
Greyfriars Court
Paradise Square
Oxford
OX1 1BE

George Ronald Publisher Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

George Ronald Publisher Limited - Registration number: 01813546
Balance Sheet as at 30 April 2016

		Note			2016						2015
	£			£			£			£
Fixed assets
Tangible fixed assets		2						553						652
Current assets
Stocks					101,676						77,404
Debtors					26,030						25,560
Cash at bank and in hand					45,939						25,452
					173,645						128,416
Creditors: Amounts falling due within one year					(16,643)						(10,846)
Net current assets								157,002						117,570
Net assets								157,555						118,222
Capital and reserves
Called up share capital		3			1,831						1,831
Share premium account					122,231						122,231
Profit and loss account					33,493						(5,840)
Shareholders' funds								157,555						118,222

For the year ending 30 April 2016 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 21 December 2016 and signed on its behalf by:

.........................................
E J Leith
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
  Page 1

George Ronald Publisher Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Fixtures and fittings	15% straight line basis

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

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George Ronald Publisher Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 May 2015		5,693			5,693
Additions		113			113
At 30 April 2016		5,806			5,806
Depreciation
At 1 May 2015		5,041			5,041
Charge for the year		212			212
At 30 April 2016		5,253			5,253
Net book value
At 30 April 2016		553			553
At 30 April 2015		652			652

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		1,831			1,831			1,831			1,831

4

Control

The company is controlled by the directors who own 62% of the called up share capital.

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