GRAYS THRAPSTON LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09445220 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

GRAYS THRAPSTON LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Mayne

Mrs C L B Ward

G G Zabell

REGISTERED OFFICE:

84 Brookwood Road

London

SW18 5BY

REGISTERED NUMBER:

09445220 (England and Wales)

ACCOUNTANTS:

Craughwell & Co

84 Brookwood Road

London

SW18 5BY

CURRENT ASSETS

Stocks

2,030,038

1,404,934

Debtors

3

3,256

3,302

Cash at bank

37,055

131,169

2,070,349

1,539,405

CREDITORS

Amounts falling due within one year

4

1,680,718

1,063,846

NET CURRENT ASSETS

389,631

475,559

TOTAL ASSETS LESS CURRENT LIABILITIES

389,631

475,559

CAPITAL AND RESERVES

Called up share capital

550,115

550,115

Retained earnings

(160,484

)

(74,556

)

SHAREHOLDERS' FUNDS

389,631

475,559

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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 29 November 2018 and were signed on its behalf by:

M Mayne - Director

1.	STATUTORY INFORMATION

GRAYS THRAPSTON 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.

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.

Stocks

Work in Progress is valued at the lower of cost and net realisable value.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.18

28.2.17

£

£

Other debtors

3,256

3,302

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.18

28.2.17

£

£

Bank loans and overdrafts

1,185,000

830,835

Trade creditors

33,667

8,673

Other creditors

462,051

224,338

1,680,718

1,063,846

5.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.18

28.2.17

£

£

Bank loans

1,185,000

830,835

Bank facilities are secured by a fixed and floating charge over all the assets of the company in favour of the

bank.