R J Clayton Limited - Abbreviated accounts

R J CLAYTON LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2016

































Company Registration Number: 07189821

R J CLAYTON LIMITED

ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the abbreviated financial statements									4 to 6

R J CLAYTON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2016


DIRECTOR

R J Clayton


SECRETARY

The company does not have an appointed secretary


REGISTERED OFFICE

16 Broad Field Road
Yarnton
Oxford
OX5 1UL


COMPANY REGISTRATION NUMBER

07189821 England and Wales

R J CLAYTON LIMITED

BALANCE SHEET
AS AT 30 April 2016


	Notes	2016		2015
		£		£

FIXED ASSETS
Intangible assets	2		261,703		327,379
Tangible assets	3		612		816


			262,315		328,195

CURRENT ASSETS
Debtors		101,347		54,506
Cash at bank and in hand		21,546		4,188


		122,893		58,694

CREDITORS: Amounts falling due		197,524		212,086
within one year


NET CURRENT (LIABILITIES)			(74,631)		(153,392)


TOTAL ASSETS LESS CURRENT LIABILITIES			187,684		174,803

CREDITORS: Amounts falling due			4,191		54,838
after more than one year

Provisions for liabilities and charges			122		163


NET ASSETS			183,371		119,802



CAPITAL AND RESERVES
Called up share capital	4		100		100
Profit and loss account			183,271		119,702


SHAREHOLDERS' FUNDS			183,371		119,802



These abbreviated accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Signed on behalf of the board


R J Clayton
Director

Date approved by the board: 31 January 2017

R J CLAYTON LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016


1	STATEMENT OF ACCOUNTING POLICIES

	Accounting convention

	The accounts have been prepared under the historical cost convention and are based on accounts prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover

	Turnover represents the value of the company's share of the trading profits of an accountancy practice.

	Goodwill

Goodwill is amortised over the useful economic life of the asset which is 4 years in respect of the asset acquired during the year ended 30 April 2013 but is otherwise deemed to be 20 years.


	Tangible fixed assets

	Fixed assets are stated at cost less accumulated depreciation.

	Depreciation has been provided at the following rate so as to write off the cost less residual value of the assets over their estimated useful lives.

	Computer equipment	Straight line basis at 20% per annum

	Financial instruments

	Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2	INTANGIBLE ASSETS
						Intangible assets
						£
	Cost
	At 1 May 2015					512,656

	Revaluation					(28,750)


	At 30 April 2016					483,906


	Accumulated amounts written off
	At 1 May 2015					185,277

	Charge for year					36,926


	At 30 April 2016					222,203


	Net book value
	At 1 May 2015					327,379


	At 30 April 2016					261,703


3	TANGIBLE ASSETS
						Tangible assets
						£
	Cost
	At 1 May 2015					1,020


	At 30 April 2016					1,020


	Accumulated depreciation
	At 1 May 2015					204

	Charge for year					204


	At 30 April 2016					408


	Net book value
	At 1 May 2015					816


	At 30 April 2016					612


4	SHARE CAPITAL
			Nominal value	Number	2016	2015
			£		£	£
	Allotted, called up and fully paid:
	Ordinary shares		1	50	50	50
	Ordinary class A shares		1	50	50	50


					100	100