Randolph Grey Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07352092 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

RANDOLPH GREY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M K Urhammer

K Sander Urhammer

REGISTERED OFFICE:

Oppenheim and Company Limited

52 Great Eastern Street

Shoreditch

London

EC2A 3EP

REGISTERED NUMBER:

07352092 (England and Wales)

ACCOUNTANTS:

Oppenheim and Company Limited

Chartered Accountants

52 Great Eastern Street

Shoreditch

London

EC2A 3EP

FIXED ASSETS

Tangible assets

4

1,366

1,820

CURRENT ASSETS

Cash at bank

133,663

144,431

CREDITORS

Amounts falling due within one year

5

41,352

46,433

NET CURRENT ASSETS

92,311

97,998

TOTAL ASSETS LESS CURRENT LIABILITIES

93,677

99,818

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

93,676

99,817

SHAREHOLDERS' FUNDS

93,677

99,818

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 20 July 2017 and were signed on its behalf by:

M K Urhammer - Director

K Sander Urhammer - Director

1.	STATUTORY INFORMATION

Randolph Grey Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover comprises fees receivable from management consultancy projects, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent

that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2016

and 31 March 2017

726

4,403

5,129

DEPRECIATION

At 1 April 2016

596

2,713

3,309

Charge for year

32

422

454

At 31 March 2017

628

3,135

3,763

NET BOOK VALUE

At 31 March 2017

98

1,268

1,366

At 31 March 2016

130

1,690

1,820

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Tax

6,578

18,871

Social security and other taxes

-

292

Directors' current accounts

33,414

25,673

Accrued expenses

1,360

1,597

41,352

46,433