RILEY INDUSTRIES LIMITED

RILEY INDUSTRIES LIMITED

RILEY INDUSTRIES LIMITED - Company Information

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RILEY INDUSTRIES LIMITED

Company Registration Number:
01965748 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2018

Period of accounts

Start date: 01 May 2017

End date: 30 April 2018

RILEY INDUSTRIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2018

Balance sheet
Notes

RILEY INDUSTRIES LIMITED

Balance sheet

As at 30 April 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 94,353 88,319
Total fixed assets: 94,353 88,319
Current assets
Stocks: 431,595 402,698
Debtors:   112,890 459,326
Cash at bank and in hand: 168,823 73,863
Total current assets: 713,308 935,887
Creditors: amounts falling due within one year:   (675,729) (904,032)
Net current assets (liabilities): 37,579 31,855
Total assets less current liabilities: 131,932 120,174
Creditors: amounts falling due after more than one year:   (27,865) (21,621)
Total net assets (liabilities): 104,067 98,553
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 103,967 98,453
Shareholders funds: 104,067 98,553

The notes form part of these financial statements

RILEY INDUSTRIES LIMITED

Balance sheet statements

For the year ending 30 April 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 October 2018
and signed on behalf of the board by:

Name: Michael P A Riley
Status: Director

The notes form part of these financial statements

RILEY INDUSTRIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RILEY INDUSTRIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

2. Employees

2018 2017
Average number of employees during the period 22 22

RILEY INDUSTRIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

3. Tangible Assets

Total
Cost £
At 01 May 2017 267,064
Additions 48,703
Disposals (75,709)
At 30 April 2018 240,058
Depreciation
At 01 May 2017 178,745
Charge for year 31,454
On disposals (64,494)
At 30 April 2018 145,705
Net book value
At 30 April 2018 94,353
At 30 April 2017 88,319

RILEY INDUSTRIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

4. Related party transactions

Name of the related party: Barry Riley & Sons Ltd
Relationship:
Parent
Description of the Transaction: The transaction was payment of rent.
£
Balance at 01 May 2017 120,000
Balance at 30 April 2018 146,250