Raya Design Ltd - Limited company - abbreviated - 11.0.0

Raya Design Ltd - Limited company - abbreviated - 11.0.0


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REGISTERED NUMBER: 03933915 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 30 June 2014

for

Raya Design Ltd
Trading as
Buggies and Bikes

Raya Design Ltd (Registered number: 03933915)
Trading as Buggies and Bikes






Contents of the Abbreviated Accounts
for the Year Ended 30 June 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Raya Design Ltd
Trading as Buggies and Bikes

Company Information
for the Year Ended 30 June 2014







DIRECTOR: L Herriett





SECRETARY: S Lucas





REGISTERED OFFICE: 19A Goodge Street
London
W1T 2PH





REGISTERED NUMBER: 03933915 (England and Wales)





ACCOUNTANTS: Lewis & Co
19a Goodge Street
London
W1T 2PH

Raya Design Ltd (Registered number: 03933915)
Trading as Buggies and Bikes

Abbreviated Balance Sheet
30 June 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,554 2,071

CURRENT ASSETS
Stocks 16,282 14,755
Cash at bank and in hand 1,013 160
17,295 14,915
CREDITORS
Amounts falling due within one year 19,790 21,276
NET CURRENT LIABILITIES (2,495 ) (6,361 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(941
)
(4,290
)

CREDITORS
Amounts falling due after more than one
year

17,326

17,326
NET LIABILITIES (18,267 ) (21,616 )

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (18,367 ) (21,716 )
SHAREHOLDERS' FUNDS (18,267 ) (21,616 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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.

Raya Design Ltd (Registered number: 03933915)
Trading as Buggies and Bikes

Abbreviated Balance Sheet - continued
30 June 2014


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 31 March 2015 and were signed by:





L Herriett - Director


Raya Design Ltd (Registered number: 03933915)
Trading as Buggies and Bikes

Notes to the Abbreviated Accounts
for the Year Ended 30 June 2014

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 - 25% 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 July 2013
and 30 June 2014 10,441
DEPRECIATION
At 1 July 2013 8,370
Charge for year 517
At 30 June 2014 8,887
NET BOOK VALUE
At 30 June 2014 1,554
At 30 June 2013 2,071

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary shares £1 100 100