back to ASHBY, WRAY AND PARTNERS LIMITED detail Ashby Wray & Partners Ltd - Accounts to registrar - small 17.1
IRIS Accounts Production v17.1.0.1158 00214188 Board of Directors Board of Directors 1.4.16 31.3.17 31.3.17 false true false false true false Ordinary 1.00000 Class A ordinary shares 1.00000 Class B ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure002141882016-03-31002141882017-03-31002141882016-04-012017-03-31002141882015-03-31002141882015-04-012016-03-31002141882016-03-3100214188ns15:EnglandWales2016-04-012017-03-3100214188ns14:PoundSterling2016-04-012017-03-3100214188ns10:Director12016-04-012017-03-3100214188ns10:Director22016-04-012017-03-3100214188ns10:PrivateLimitedCompanyLtd2016-04-012017-03-3100214188ns10:SmallEntities2016-04-012017-03-3100214188ns10:AuditExempt-NoAccountantsReport2016-04-012017-03-3100214188ns10:SmallCompaniesRegimeForDirectorsReport2016-04-012017-03-3100214188ns10:SmallCompaniesRegimeForAccounts2016-04-012017-03-3100214188ns10:FullAccounts2016-04-012017-03-3100214188ns10:OrdinaryShareClass12016-04-012017-03-3100214188ns10:OrdinaryShareClass22016-04-012017-03-3100214188ns10:OrdinaryShareClass32016-04-012017-03-3100214188ns10:CompanySecretary12016-04-012017-03-3100214188ns10:RegisteredOffice2016-04-012017-03-3100214188ns5:CurrentFinancialInstruments2017-03-3100214188ns5:CurrentFinancialInstruments2016-03-3100214188ns5:ShareCapital2017-03-3100214188ns5:ShareCapital2016-03-3100214188ns5:RetainedEarningsAccumulatedLosses2017-03-3100214188ns5:RetainedEarningsAccumulatedLosses2016-03-3100214188ns5:FurnitureFittings2016-04-012017-03-3100214188ns5:ComputerEquipment2016-04-012017-03-3100214188ns5:FurnitureFittings2016-03-3100214188ns5:ComputerEquipment2016-03-3100214188ns5:FurnitureFittings2017-03-3100214188ns5:ComputerEquipment2017-03-3100214188ns5:FurnitureFittings2016-03-3100214188ns5:ComputerEquipment2016-03-3100214188ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3100214188ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-03-3100214188ns10:OrdinaryShareClass12017-03-3100214188ns10:OrdinaryShareClass22017-03-3100214188ns10:OrdinaryShareClass32017-03-31


REGISTERED NUMBER: 00214188 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2017

for

Ashby Wray & Partners Ltd

Ashby Wray & Partners Ltd (Registered number: 00214188)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ashby Wray & Partners Ltd

Company Information
for the Year Ended 31 March 2017







DIRECTORS: N M Ashby
A M Ashby





SECRETARY: A M Ashby





REGISTERED OFFICE: Kenant Chambers
2 Bath Avenue
Wolverhampton
West Midlands
WV1 4EQ





REGISTERED NUMBER: 00214188 (England and Wales)






Ashby Wray & Partners Ltd (Registered number: 00214188)

Balance Sheet
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,745 6,086

CURRENT ASSETS
Stocks 200 200
Debtors 5 90,360 64,475
Investments 6 3,258 3,258
Prepayments and accrued income 3,059 5,284
Cash at bank and in hand 213,785 279,483
310,662 352,700
CREDITORS
Amounts falling due within one year 7 172,696 219,576
NET CURRENT ASSETS 137,966 133,124
TOTAL ASSETS LESS CURRENT
LIABILITIES

143,711

139,210

PROVISIONS FOR LIABILITIES 1,149 1,252
NET ASSETS 142,562 137,958

CAPITAL AND RESERVES
Called up share capital 8 4,970 4,970
Retained earnings 137,592 132,988
SHAREHOLDERS' FUNDS 142,562 137,958

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Ashby Wray & Partners Ltd (Registered number: 00214188)

Balance Sheet - continued
31 March 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 30 April 2017 and were
signed on its behalf by:




N M Ashby - Director



A M Ashby - Director


Ashby Wray & Partners Ltd (Registered number: 00214188)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

Ashby Wray & Partners Ltd is a private company, limited by shares , registered in England
and Wales. The company's registered number and registered office address can be found
on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the total value of commissions and fees receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on cost
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive
income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that
have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in
periods different from those in which they are recognised in financial statements. Deferred
tax is measured using tax rates and laws that have been enacted or substantively enacted
by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it
is probable that they will be recovered against the reversal of deferred tax liabilities or other
future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

Ashby Wray & Partners Ltd (Registered number: 00214188)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2016 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2016 18,857 16,795 35,652
Additions - 1,917 1,917
At 31 March 2017 18,857 18,712 37,569
DEPRECIATION
At 1 April 2016 18,856 10,710 29,566
Charge for year - 2,258 2,258
At 31 March 2017 18,856 12,968 31,824
NET BOOK VALUE
At 31 March 2017 1 5,744 5,745
At 31 March 2016 1 6,085 6,086

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade debtors 70,345 48,900
Other debtors 20,015 15,575
90,360 64,475

6. CURRENT ASSET INVESTMENTS
31.3.17 31.3.16
£    £   
Listed investments 3,258 3,258

Ashby Wray & Partners Ltd (Registered number: 00214188)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade creditors 140,077 191,431
Tax 9,243 8,214
Social security and other taxes - 2,467
Other creditors 15,000 -
Directors' current accounts 981 481
Accrued expenses 7,395 16,983
172,696 219,576

8. CALLED UP SHARE CAPITAL




Allotted, issued and fully paid:
Number: Class: Nominal 31.3.17 31.3.16
value: £    £   
2,535 Ordinary £1 2,535 2,535
820 Class A ordinary shares £1 820 820
1,615 Class B ordinary shares £1 1,615 1,615
4,970 4,970

9. ULTIMATE CONTROLLING PARTY

The controlling party is N M Ashby.