| Rolfields Limited |
| Registered number: |
04585153 |
| Abbreviated Balance Sheet |
| as at 30 November 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Investments |
2 |
|
|
927,156 |
|
|
927,156 |
|
| Current assets |
| Debtors |
|
|
191,327 |
|
|
265,808 |
| Cash at bank and in hand |
|
|
429 |
|
|
102 |
|
|
|
191,756 |
|
|
265,910 |
|
| Creditors: amounts falling due within one year |
|
|
(357,183) |
|
|
(432,073) |
|
| Net current liabilities |
|
|
|
(165,427) |
|
|
(166,163) |
|
| Total assets less current liabilities |
|
|
|
761,729 |
|
|
760,993 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(838,743) |
|
|
(869,246) |
|
|
|
| Net liabilities |
|
|
|
(77,014) |
|
|
(108,253) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(77,114) |
|
|
(108,353) |
|
| Shareholders' funds |
|
|
|
(77,014) |
|
|
(108,253) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr D P Hart |
| Director |
| Approved by the board on 20 May 2015 |
|
| Rolfields Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 November 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Going Concern |
|
The financial statements have been prepared on the going concern basis. This is on the understanding that any losses will be borne by the company's shareholders. |
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
| 2 |
Investments |
£ |
|
|
Cost |
|
At 1 December 2013 |
927,156 |
|
|
At 30 November 2014 |
927,156 |
|
|
|
|
|
|
|
|
The company holds 20% or more of the share capital of the following companies: |
|
| Capital and |
Profit (loss) |
|
Company |
Shares held |
reserves |
for the year |
|
|
Class |
% |
£ |
£ |
|
Anchorage Investments Co. Limited |
Ordinary |
100 |
|
418,620 |
|
97,613 |
|
| 3 |
Loans |
2014 |
|
2013 |
| £ |
£ |
|
Creditors include: |
|
Amounts falling due for payment after more than five years |
725,565 |
|
747,165 |
|
Secured bank loans |
869,912 |
|
900,415 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
