Raymond Bird (IP) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05091598 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2018

for

Raymond Bird (IP) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S J Bird

SECRETARY:

Mrs S J Bird

REGISTERED OFFICE:

Suite 1

Liberty House

South Liberty Lane

Bristol

BS3 2ST

REGISTERED NUMBER:

05091598 (England and Wales)

ACCOUNTANTS:

Stanley Joseph Limited

Chartered Accountants

Suite 1

Liberty House

South Liberty Lane

Bristol

BS3 2ST

FIXED ASSETS

Investments

3

10

10

CURRENT ASSETS

Debtors

4

20,234

22,637

Cash at bank

99

151

20,333

22,788

CREDITORS

Amounts falling due within one year

5

20,217

22,688

NET CURRENT ASSETS

116

100

TOTAL ASSETS LESS CURRENT LIABILITIES

126

110

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

26

10

SHAREHOLDERS' FUNDS

126

110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 4 December 2018 and were signed by:

Mrs S J Bird - Director

1.	STATUTORY INFORMATION

Raymond Bird (IP) 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102

'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related

party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the statement of financial position date.

Deferred tax

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

the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 June 2017

and 31 May 2018

10

NET BOOK VALUE

At 31 May 2018

10

At 31 May 2017

10

The company's investments at the Statement of Financial Position date in the share capital of

companies include the following:

Jomebelo Limited

Registered office:

Nature of business: Distributor of haircare products

%

Class of shares:

holding

Ordinary

100.00

31.5.18

31.5.17

£

£

Aggregate capital and reserves

260,003

206,724

Profit for the year

149,501

248,208

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

as

restated

£

£

Amounts owed by group undertakings

20,234

22,637

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

as

restated

£

£

Taxation and social security

17,807

20,188

Other creditors

2,410

2,500

20,217

22,688

6.	RELATED PARTY DISCLOSURES

During the year, total dividends of £99,624 (2017 - £221,479) were paid to the directors .

7.	ULTIMATE CONTROLLING PARTY