Abbreviated Company Accounts - N J B RECYCLING LTD

07176197 N J B RECYCLING LTD 2014-08-31 false 2013-09-01 2014-08-31 true 07176197 2013-09-01 2014-08-31 07176197 2014-08-31 07176197 2013-08-31 07176197 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 07176197 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 07176197

N J B RECYCLING LTD

Abbreviated Accounts

31 August 2014

N J B RECYCLING LTD Registered Number 07176197

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,277,407	554,310
		1,277,407	554,310
Current assets
Debtors		852,615	383,640
Cash at bank and in hand		80,308	30,374
		932,923	414,014
Creditors: amounts falling due within one year		(1,325,710)	(466,167)
Net current assets (liabilities)		(392,787)	(52,153)
Total assets less current liabilities		884,620	502,157
Creditors: amounts falling due after more than one year		(396,101)	(305,490)
Provisions for liabilities		(93,839)	-
Total net assets (liabilities)		394,680	196,667
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		394,580	196,567
Shareholders' funds		394,680	196,667

For the year ending 31 August 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 22 April 2015

And signed on their behalf by:
Mr J Bowie, Director

N J B RECYCLING LTD Registered Number 07176197

Notes to the Abbreviated Accounts for the period ended 31 August 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Leasehold Property - Over 76 years
Plant & Machinery - 25% on cost
Fixtures & Fittings - 25% on cost
Motor Vehicles - 25% on cost
Equipment - 25% on cost

2Tangible fixed assets

	£
Cost
At 1 September 2013	778,673
Additions	1,014,850
Disposals	(113,384)
Revaluations	-
Transfers	-
At 31 August 2014	1,680,139
Depreciation
At 1 September 2013	224,363
Charge for the year	246,104
On disposals	(67,735)
At 31 August 2014	402,732
Net book values
At 31 August 2014	1,277,407
At 31 August 2013	554,310

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

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