Company Registration No. 06962540 (England and Wales)
SUNRAY MANAGEMENT LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2015
SUNRAY MANAGEMENT LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
SUNRAY MANAGEMENT LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 JULY 2015
31 July 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
-
2,588
Current assets
Debtors
474
17,183
Cash at bank and in hand
93,339
72,443
93,813
89,626
Creditors: amounts falling due within one year
(37,082)
(64,885)
Net current assets
56,731
24,741
Total assets less current liabilities
56,731
27,329
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
56,730
27,328
Shareholders' funds
56,731
27,329
For the financial year ended 31 July 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 18 March 2016
Mr B Maye
Director
Company Registration No. 06962540
SUNRAY MANAGEMENT LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
25% straight line.
Computer equipment
33.33% on cost.
Fixtures, fittings & equipment
25% on cost.
2
Fixed assets
Tangible assets
£
Cost
At 1 August 2014 & at 31 July 2015
16,946
Depreciation
At 1 August 2014
14,359
Charge for the year
2,587
At 31 July 2015
16,946
Net book value
At 31 July 2015
-
At 31 July 2014
2,588
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
1