Abbreviated Company Accounts - GRAHAM WRAY LIMITED

GRAHAM WRAY LIMITED - Company Information

04962774 GRAHAM WRAY LIMITED 2014-11-30 false 2013-12-01 2014-11-30 true 04962774 2013-12-01 2014-11-30 04962774 2014-11-30 04962774 2013-11-30 04962774 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 04962774 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP shares

Registered Number 04962774

GRAHAM WRAY LIMITED

Abbreviated Accounts

30 November 2014

GRAHAM WRAY LIMITED Registered Number 04962774

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,444	2,041
		1,444	2,041
Current assets
Debtors		1,212	6,135
Cash at bank and in hand		30,055	30,966
		31,267	37,101
Creditors: amounts falling due within one year		(32,264)	(33,215)
Net current assets (liabilities)		(997)	3,886
Total assets less current liabilities		447	5,927
Total net assets (liabilities)		447	5,927
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		347	5,827
Shareholders' funds		447	5,927

For the year ending 30 November 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 1 June 2015

And signed on their behalf by:
Graham Wray, Director

GRAHAM WRAY LIMITED Registered Number 04962774

Notes to the Abbreviated Accounts for the period ended 30 November 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 25% reducing balance
Computer equipment - 33% straight line

Other accounting policies
Research and development: Research expenditure is written off to the profit and loss account in the year in which it is incurred.

Going concern:

The directors have reviewed the twelve months ahead and have considered the company's financial position and note no material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern.

2Tangible fixed assets

	£
Cost
At 1 December 2013	11,868
Additions	129
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	11,997
Depreciation
At 1 December 2013	9,827
Charge for the year	726
On disposals	-
At 30 November 2014	10,553
Net book values
At 30 November 2014	1,444
At 30 November 2013	2,041

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100