REGISTERED NUMBER: 04627330 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Richard Thraves Joinery Limited

Page

Company information

1

Abbreviated balance sheet

2

Notes to the abbreviated accounts

4

Director:

R Thraves

Secretary:

Mrs A L Thraves

Registered office:

2 Belgrave Crescent

Scarborough

North Yorkshire

YO11 1UB

Registered number:

04627330 (England and Wales)

Accountants:

Ashby Berry Coulsons

2 Belgrave Crescent

Scarborough

North Yorkshire

YO11 1UB

Bankers:

HSBC Bank Plc

33 St.Nicholas Street

Scarborough

North Yorkshire

YO11 2HN

Fixed assets

Tangible assets

2

6,938

8,234

Current assets

Stocks

4,000

3,500

Debtors

11,409

866

15,409

4,366

Creditors

Amounts falling due within one year

19,057

12,853

Net current liabilities

(3,648

)

(8,487

)

Total assets less current liabilities

3,290

(253

)

Creditors

Amounts falling due after more than one year

6,533

9,333

Net liabilities

(3,243

)

(9,586

)

Capital and reserves

Called up share capital

3

100

100

Profit and loss account

(3,343

)

(9,686

)

Shareholders' funds

(3,243

)

(9,586

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 3 March 2015 and were signed by:

R Thraves - Director

1.	Accounting policies

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

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

the balance sheet date.

2.	Tangible fixed assets

Total

£

Cost

At 1 January 2013

and 31 December 2013

22,659

Depreciation

At 1 January 2013

14,425

Charge for year

1,296

At 31 December 2013

15,721

Net book value

At 31 December 2013

6,938

At 31 December 2012

8,234

3.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Ordinary

£1

100

100

4.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2013

and 31 December 2012:

2013

2012

£

£

R Thraves

Balance outstanding at start of year

-

-

Amounts advanced

13,425

-

Amounts repaid

(6,497

)

-

Balance outstanding at end of year

6,928

-

5.	Going concern

The continuation of the company as a going concern is dependant on the continued support of the

bank and the director.