Raydons Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02876413 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

Raydons Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

Mr P D Clarke

Mrs M J Clarke

Miss J Clarke

Mrs L Chiverton-Clarke

SECRETARY:

Mr P D Clarke

REGISTERED OFFICE:

Units SCF 1 & 2

South Core, Western International Market

Hayes Road

Southall

Middlesex

UB2 5XJ

REGISTERED NUMBER:

02876413 (England and Wales)

ACCOUNTANTS:

COOPER DAWN JERROM LIMITED

CHARTERED ACCOUNTANTS

Units SCF 1 & 2

Western International Market

Hayes Road

Southall

Middlesex

UB2 5XJ

FIXED ASSETS

Tangible assets

4

110,290

110,387

Investments

5

1,366,691

1,305,540

1,476,981

1,415,927

CURRENT ASSETS

Debtors

6

165

148

Cash at bank

2,620

418

2,785

566

CREDITORS

Amounts falling due within one year

7

8,277

8,199

NET CURRENT LIABILITIES

(5,492

)

(7,633

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,471,489

1,408,294

CAPITAL AND RESERVES

Called up share capital

976

976

Revaluation Increase in Value

486,311

390,687

Retained earnings

984,202

1,016,631

SHAREHOLDERS' FUNDS

1,471,489

1,408,294

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 31 July 2018 and were signed on its behalf by:

Mr P D Clarke - Director

1.	STATUTORY INFORMATION

Raydons 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Freehold property

-

not provided

Fixtures and fittings

-

25% on reducing balance

Freehold property

No depreciation is provided on the freehold property which is a departure from the requirements of the

Companies Act 2006. In the opinion of the directors this building's current value is of more significance than any

measure of consumption and to depreciate it would not give a true and fair view. If this departure from the Act

had not been made, the (profit/loss) for the year would have been reduced by depreciation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST OR VALUATION

At 1 January 2017

and 31 December 2017

110,000

3,267

113,267

DEPRECIATION

At 1 January 2017

-

2,880

2,880

Charge for year

-

97

97

At 31 December 2017

-

2,977

2,977

NET BOOK VALUE

At 31 December 2017

110,000

290

110,290

At 31 December 2016

110,000

387

110,387

Cost or valuation at 31 December 2017 is represented by:

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

Valuation in 2016

110,000

-

110,000

Cost

-

3,267

3,267

110,000

3,267

113,267

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2017

1,305,540

Increase/(Loss) in value

95,625

Movements during the year

(34,474

)

At 31 December 2017

1,366,691

NET BOOK VALUE

At 31 December 2017

1,366,691

At 31 December 2016

1,305,540

Fixed asset investments are shown at market value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Other debtors

165

148

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Bank loans and overdrafts

728

863

Other creditors

7,549

7,336

8,277

8,199

8.	RELATED PARTY DISCLOSURES

There were no transactions that need to be disclosed under the Financial Reporting Standard 102 1A.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr P D Clarke.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Raydons Limited for the year ended 31 December 2017 which comprise the Income Statement,

Balance Sheet and the related notes from the company's accounting records and from information and explanations you

have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Raydons Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Raydons Limited and state those matters that we have agreed to state to the Board of Directors of Raydons Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Raydons Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Raydons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Raydons Limited. You consider that Raydons Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Raydons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

COOPER DAWN JERROM LIMITED

CHARTERED ACCOUNTANTS

Units SCF 1 & 2

Western International Market

Hayes Road

Southall

Middlesex

UB2 5XJ

31 July 2018