Abbreviated Company Accounts - R P GRAY LIMITED

04934978 R P GRAY LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 04934978 2013-04-01 2014-03-31 04934978 2014-03-31 04934978 2013-03-31 04934978 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 04934978 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 04934978

R P GRAY LIMITED

Abbreviated Accounts

31 March 2014

R P GRAY LIMITED Registered Number 04934978

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	20,957	15,275
		20,957	15,275
Current assets
Stocks		56,295	32,497
Debtors		5,923	9,495
Cash at bank and in hand		12,446	9,408
		74,664	51,400
Creditors: amounts falling due within one year		(91,936)	(62,913)
Net current assets (liabilities)		(17,272)	(11,513)
Total assets less current liabilities		3,685	3,762
Provisions for liabilities		(2,771)	(1,323)
Total net assets (liabilities)		914	2,439
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		913	2,438
Shareholders' funds		914	2,439

For the year ending 31 March 2014 the company was entitled to exemption 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 the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 December 2014

And signed on their behalf by:
R P Gray, Director

R P GRAY LIMITED Registered Number 04934978

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	98,471
Additions	9,500
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	107,971
Depreciation
At 1 April 2013	83,196
Charge for the year	3,818
On disposals	-
At 31 March 2014	87,014
Net book values
At 31 March 2014	20,957
At 31 March 2013	15,275

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1