ray hole architects ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 05243646 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2016

for

ray hole architects ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R A Hole

G P Reynolds

SECRETARY:

G P Reynolds

REGISTERED OFFICE:

9th Floor

69 Park Lane

Croydon

Surrey

CR0 1JD

REGISTERED NUMBER:

05243646 (England and Wales)

ACCOUNTANTS:

ah partnership

Chartered Accountants

Stanley House

49 Dartford Road

Sevenoaks

Kent

TN13 3TE

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

3,179

4,844

Investments

4

25,000

28,179

29,844

CURRENT ASSETS

Debtors

52,958

180,133

Cash at bank

498,605

498,418

551,563

678,551

CREDITORS

Amounts falling due within one year

45,175

67,922

NET CURRENT ASSETS

506,388

610,629

TOTAL ASSETS LESS CURRENT LIABILITIES

534,567

640,473

CREDITORS

Amounts falling due after more than one year

5

(20

)

(20

)

PROVISIONS FOR LIABILITIES

(269

)

(524

)

NET ASSETS

534,278

639,929

CAPITAL AND RESERVES

Called up share capital

6

5,200

Capital redemption reserve

45,000

Profit and loss account

484,078

589,729

SHAREHOLDERS' FUNDS

534,278

639,929

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 20 April 2017 and were signed on its behalf by:

R A Hole - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of five years.

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 etc

-

Straight line over 3 years and Straight line over 5 years

Deferred tax

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

date.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

10,000

AMORTISATION

At 1 October 2015

and 30 September 2016

10,000

NET BOOK VALUE

At 30 September 2016

-

At 30 September 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

45,040

Additions

978

At 30 September 2016

46,018

DEPRECIATION

At 1 October 2015

40,196

Charge for year

2,643

At 30 September 2016

42,839

NET BOOK VALUE

At 30 September 2016

3,179

At 30 September 2015

4,844

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 October 2015

and 30 September 2016

25,000

NET BOOK VALUE

At 30 September 2016

25,000

At 30 September 2015

25,000

5.

CREDITORS

Creditors include the following debts falling due in more than five years:

2016

2015

£

Repayable otherwise than by instalments

20

Details of shares shown as liabilities are as follows:

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

10

Deferred C

£1

10

Deferred D

£1

10

20

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

5,000

Ordinary

£1

5,000

100

Ordinary A deferred

£1

100

Ordinary B deferred

£1

100

5,200

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2016 and

30 September 2015:

2016

2015

£

R A Hole

Balance outstanding at start of year

50,000

-

Amounts advanced

-

140,000

Amounts repaid

(50,000

)

(90,000

)

Balance outstanding at end of year

-

50,000