Abbreviated Company Accounts - ELITE GRANITE LIMITED

ELITE GRANITE LIMITED - Company Information

Registered Number 05097016

ELITE GRANITE LIMITED

Abbreviated Accounts

30 June 2014

ELITE GRANITE LIMITED Registered Number 05097016

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	175	175
Tangible assets	3	138,572	39,575
		138,747	39,750
Current assets
Stocks		55,112	34,779
Debtors		231,551	189,988
Cash at bank and in hand		174,392	156,576
		461,055	381,343
Creditors: amounts falling due within one year		(228,155)	(224,693)
Net current assets (liabilities)		232,900	156,650
Total assets less current liabilities		371,647	196,400
Creditors: amounts falling due after more than one year		(116,872)	-
Total net assets (liabilities)		254,775	196,400
Capital and reserves
Called up share capital		2	2
Profit and loss account		254,773	196,398
Shareholders' funds		254,775	196,400

For the year ending 30 June 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 13 February 2015

And signed on their behalf by:
Mr Martin Brookes, Director

ELITE GRANITE LIMITED Registered Number 05097016

Notes to the Abbreviated Accounts for the period ended 30 June 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.

2Intangible fixed assets

	£
Cost
At 1 July 2013	175
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	175
Amortisation
At 1 July 2013	-
Charge for the year	-
On disposals	-
At 30 June 2014	-
Net book values
At 30 June 2014	175
At 30 June 2013	175

3Tangible fixed assets

	£
Cost
At 1 July 2013	157,170
Additions	133,500
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	290,670
Depreciation
At 1 July 2013	117,595
Charge for the year	34,503
On disposals	-
At 30 June 2014	152,098
Net book values
At 30 June 2014	138,572
At 30 June 2013	39,575