Abbreviated Company Accounts - REGRAY TEXTILES LIMITED

REGRAY TEXTILES LIMITED - Company Information

NI009808 REGRAY TEXTILES LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true NI009808 2015-11-01 2016-10-31 NI009808 2016-10-31 NI009808 2015-10-31 NI009808 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 NI009808 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number NI009808

REGRAY TEXTILES LIMITED

Abbreviated Accounts

31 October 2016

REGRAY TEXTILES LIMITED Registered Number NI009808

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,031	577
		1,031	577
Current assets
Stocks		14,293	10,816
Debtors		41,921	27,514
Cash at bank and in hand		66,880	73,875
		123,094	112,205
Prepayments and accrued income		426	467
Creditors: amounts falling due within one year		(49,750)	(37,353)
Net current assets (liabilities)		73,770	75,319
Total assets less current liabilities		74,801	75,896
Provisions for liabilities		(206)	(116)
Accruals and deferred income		(6,440)	(5,665)
Total net assets (liabilities)		68,155	70,115
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		68,055	70,015
Shareholders' funds		68,155	70,115

For the year ending 31 October 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 June 2017

And signed on their behalf by:
Michael Gray, Director

REGRAY TEXTILES LIMITED Registered Number NI009808

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities ( effective January 2015).

Turnover policy
Turnover represents the total invoice value , excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, Fittings and equipment - 20% reducing balance.

2Tangible fixed assets

	£
Cost
At 1 November 2015	2,283
Additions	712
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	2,995
Depreciation
At 1 November 2015	1,706
Charge for the year	258
On disposals	-
At 31 October 2016	1,964
Net book values
At 31 October 2016	1,031
At 31 October 2015	577

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100