Radley Ainley Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 08017427 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2017

for

Radley Ainley Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Ainley

REGISTERED OFFICE:

16 Newmarket

Otley

West Yorkshire

LS21 3AE

REGISTERED NUMBER:

08017427 (England and Wales)

ACCOUNTANTS:

Cranbourne Accountancy and Taxation Services

16 Newmarket

Otley

West Yorkshire

LS21 3AE

FIXED ASSETS

Tangible assets

4

1,393

675

CURRENT ASSETS

Debtors

5

12,920

20,403

Cash at bank

22,302

5,212

35,222

25,615

CREDITORS

Amounts falling due within one year

6

12,769

15,358

NET CURRENT ASSETS

22,453

10,257

TOTAL ASSETS LESS CURRENT LIABILITIES

23,846

10,932

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

23,844

10,930

SHAREHOLDERS' FUNDS

23,846

10,932

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director on 24 October 2017 and were signed by:

R Ainley - Director

1.	STATUTORY INFORMATION

Radley Ainley Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss

account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Office

and

computer

equipmt

£

COST

At 1 May 2016

2,322

Additions

1,332

At 30 April 2017

3,654

DEPRECIATION

At 1 May 2016

1,647

Charge for year

614

At 30 April 2017

2,261

NET BOOK VALUE

At 30 April 2017

1,393

At 30 April 2016

675

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade debtors

11,175

20,403

Prepayments

1,745

-

12,920

20,403

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade creditors

180

69

Tax

4,775

958

Social security and other taxes

571

2,506

VAT

4,729

4,955

Net wages

-

3,000

Directors' current accounts

584

1,985

Accrued expenses

1,930

1,885

12,769

15,358

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.17

30.4.16

value:

£

£

2

Ordinary

1

2

2

8.	FIRST YEAR ADOPTION

These are the first financial statements that comply with FRS102. The company transitioned to

FRS102 on 1 January 2015.

Reconciliation of equity

No transactional adjustments were required.

Reconciliation of profit or loss for the year

No transactional adjustments were required.