| Calm Ray Limited |
| Registered number: |
07618833 |
| Abbreviated Balance Sheet |
| as at 30 September 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
3,359 |
|
|
5,907 |
|
| Current assets |
| Stocks |
|
|
6,000 |
|
|
9,796 |
| Debtors |
|
|
- |
|
|
2,608 |
| Cash at bank and in hand |
|
|
21,267 |
|
|
- |
|
|
|
27,267 |
|
|
12,404 |
|
| Creditors: amounts falling due within one year |
|
|
(28,288) |
|
|
(22,968) |
|
| Net current liabilities |
|
|
|
(1,021) |
|
|
(10,564) |
|
| Net assets/(liabilities) |
|
|
|
2,338 |
|
|
(4,657) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
200 |
|
|
200 |
| Profit and loss account |
|
|
|
2,138 |
|
|
(4,857) |
|
| Shareholders' funds |
|
|
|
2,338 |
|
|
(4,657) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr H Ashtekar |
| Director |
| Approved by the board on 22 November 2016 |
|
| Calm Ray Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 September 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% straight line |
|
|
|
Stocks and work in progress |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2015 |
14,025 |
|
Additions |
1,045 |
|
At 30 September 2016 |
15,070 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2015 |
8,118 |
|
Charge for the year |
3,593 |
|
At 30 September 2016 |
11,711 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2016 |
3,359 |
|
At 30 September 2015 |
5,907 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
200 |
|
200 |
|
200 |
|
|
|
|
|
|
|
|
|
