The Royal Oak Nonington Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08474207 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 4 APRIL 2013 TO 31 MAY 2014

FOR

THE ROYAL OAK NONINGTON LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr A D B Narraway

Mr M R Sturge

REGISTERED OFFICE:

18 Canterbury Road

Whitstable

Kent

CT5 4EY

REGISTERED NUMBER:

08474207 (England and Wales)

ACCOUNTANTS:

Michael Martin Partnership Limited

Chartered Certified Accountants

18 Canterbury Road

Whitstable

Kent

CT5 4EY

FIXED ASSETS

Tangible assets

2

56,003

CURRENT ASSETS

Stocks

8,000

Debtors

10,574

Cash at bank and in hand

9,821

28,395

CREDITORS

Amounts falling due within one year

135,075

NET CURRENT LIABILITIES

(106,680

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(50,677

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(50,777

)

SHAREHOLDERS' FUNDS

(50,677

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2014 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 18 December 2014 and were signed on its behalf by:

Mr A D B Narraway - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company is insolvent as at the balance sheet date due to trading losses. The major creditors are the directors

and the company is reliant on their continued support. The directors have confirmed their continued support for

at least a period of twelve months and therefore these accounts have been prepared on a going concern basis.

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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, 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.

Plant and machinery etc

-

20% on reducing balance, 10% on reducing balance and 5% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

62,041

At 31 May 2014

62,041

DEPRECIATION

Charge for period

6,038

At 31 May 2014

6,038

NET BOOK VALUE

At 31 May 2014

56,003

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1,000

Ordinary

£1

100

1,000 Ordinary shares of £1 were issued during the period for cash of £ 1,000 .