A R Raymond and Co Limited
|
Registered number: |
04734894
|
Abbreviated Balance Sheet |
as at 31 March 2016
|
|
|
Notes |
|
|
2016 |
|
|
2015 |
|
|
|
|
£ |
|
|
£ |
Fixed assets |
Intangible assets |
2 |
|
|
1 |
|
|
199,155 |
Tangible assets |
3 |
|
|
1,137 |
|
|
1,421 |
|
|
|
|
1,138 |
|
|
200,576 |
|
Current assets |
Debtors |
|
|
46,908 |
|
|
58,762 |
Amounts recoverable on contracts |
|
|
36,565 |
|
|
15,618 |
Cash at bank and in hand |
|
|
76,000 |
|
|
50,024 |
|
|
|
159,473 |
|
|
124,404 |
|
Creditors: amounts falling due within one year |
|
|
(90,721) |
|
|
(65,920) |
|
Net current assets |
|
|
|
68,752 |
|
|
58,484 |
|
Total assets less current liabilities |
|
|
|
69,890 |
|
|
259,060 |
|
|
Provisions for liabilities |
|
|
|
(69) |
|
|
(91) |
|
|
Net assets |
|
|
|
69,821 |
|
|
258,969 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
300 |
|
|
300 |
Profit and loss account |
|
|
|
69,521 |
|
|
258,669 |
|
Shareholders' funds |
|
|
|
69,821 |
|
|
258,969 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
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The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006, and that the accounts give a true and fair view of the state of affairs of the company as at 31 March 2016 and of its profit or loss for the year then ended in accordance with section 396, and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, as far as applicable to the company.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
E J Cruttenden |
Director |
Approved by the board on 9 May 2016
|
|
A R Raymond and Co Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 March 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents amounts derived from the provision of services falling within the company's ordinary activities.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Fixtures, fittings and equipment |
20% reducing balance
|
|
|
Goodwill |
|
Depreciation has previously been charged on goodwill at a flat rate of 5% on cost to write off the asset over 20 years. This policy has now been changed and goodwill has been written down to £1. |
|
|
Deferred taxation |
|
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply when the timing differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date. |
|
|
Amounts recoverable on contracts |
|
Amounts recoverable on contracts are accounted for under the "stage of completion" method. Profit on the contracts is taken as the work is carried out if the final outcome can be assessed with reasonable certainty. The profit included is calculated on a prudent basis to reflect the proportion of the work carried out at the year end. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
480,590 |
|
At 31 March 2016 |
480,590 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2015 |
281,435 |
|
Provided during the year |
199,154 |
|
At 31 March 2016 |
480,589 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
1 |
|
At 31 March 2015 |
199,155 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
12,904 |
|
At 31 March 2016 |
12,904 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
11,483 |
|
Charge for the year |
284 |
|
At 31 March 2016 |
11,767 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
1,137 |
|
At 31 March 2015 |
1,421 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
|
|
value |
|
Number |
|
£ |
|
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
300 |
|
300 |
|
300 |
|
|
|
|
|
|
|
|
|