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RAYMOND PAUL CANNON LIMITED - Company Information

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Registered number: 08252615

Raymond Paul Cannon Limited

Unaudited Financial Statements

for the year ended 31 October 2017

Statement of Financial Position

as at 31 October 2017

2017

Restated
2016

Called up share capital not paid

Fixed assets

1,513

2,291

Current assets

48,171

67,477

Prepayments and accrued income

Creditors: amounts falling due within one year

( 10,799 )

( 16,709 )

Net current assets (liabilities)

37,372

50,768

Total assets less current liabilities

38,885

53,059

Creditors: amounts falling due after more than one year

Provisions for liabilities

Accruals and deferred income

Net assets

38,885

53,059

Capital and reserves

38,885

53,059

08252615 2016-11-01 2017-10-31 08252615 2015-11-01 2016-10-31 08252615 2017-10-31 08252615 2016-10-31 08252615 2016-11-01 08252615 uk-frs102:WithinOneYear 2017-10-31 08252615 uk-frs102:AfterOneYear 2017-10-31 08252615 uk-frs102:WithinOneYear 2016-10-31 08252615 uk-frs102:AfterOneYear 2016-10-31 08252615 uk-bus:AuditExempt-NoAccountantsReport 2016-11-01 2017-10-31 08252615 uk-bus:AbbreviatedAccounts 2016-11-01 2017-10-31 08252615 uk-bus:Director1 1 2016-11-01 2017-10-31 08252615 uk-bus:Director1 2016-11-01 2017-10-31 08252615 uk-bus:Director1 1 2016-11-01 08252615 uk-bus:Director1 1 2017-10-31 08252615 uk-bus:Micro-entities 2016-11-01 2017-10-31 08252615 uk-bus:PrivateLimitedCompanyLtd 2016-11-01 2017-10-31 iso4217:GBP 08252615 countries:EnglandWales 2016-11-01 2017-10-31 08252615 uk-bus:RegisteredOffice 2016-11-01 2017-10-31

Footnotes to the Statement of Financial Position

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 1.

3. Directors’ benefits: advances, credit and guarantees

Raymond Cannon

Included in creditors is an amount due to be paid by the company to one of its directors. The amount is an advance made to the company of £2,895 by Raymond Cannon, a director of the company, on 01/11/2016.

During the accounting year the maximum amount repayable to Raymond Cannon was £9,458

The following conditions are attached to amount payable to Raymond Cannon:

There is no interest due to be paid on any outstanding amount
No fixed date has been set for the amount to be repaid by the company.

Opening balance 01/11/2016	Additional advance	Amount repaid	Amount written off	Amounts waived	Interest payable	Closing balance 31/10/2017
£	£	£	£	£	£	£
3,030	( 7,491 ) ( 7,491 )	7,356 7,356	0	0	0	2,895

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31/10/2017 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts