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ROCKSALT LIMITED
REGISTERED NUMBER: 03856674
ABBREVIATED BALANCE SHEET
AS AT 31 DECEMBER 2014
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CREDITORS: amounts falling due within one year
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The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 December 2014 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 3 June 2015.
The notes on pages 2 to 3 form part of these financial statements.
Page 1
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ROCKSALT LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014
1.ACCOUNTING POLICIES
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Basis of preparation of financial statements
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The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.
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Tangible fixed assets and depreciation
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Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
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2.TANGIBLE FIXED ASSETS
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At 1 January 2014 and 31 December 2014
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3.SHARE CAPITAL
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Allotted, called up and fully paid
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100 Ordinary shares of £1 each
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Page 2
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ROCKSALT LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014
4.RELATED PARTY TRANSACTIONS
During the year the company was under the control of Mr H C Vivian and Mrs S D Vivian, the directors.
Mr H C Vivian and Mrs S D Vivian are interest in 100% of the issued share capital of the company.
At the balance sheet date Mr H C Vivian had an interest free loan from the company amounting to £2,766 (2013 £(15,558). The loan was repaid on the 6th April 2015.
At the balance sheet date Mrs S D Vivian had an interest free loan from the company amounting to £2,656 (2013 £(14,947). The loan was repaid on the 6th April 2015.
There were no other transactions which are required to be disclosed in accordance with the Financial Reporting Standards for Smaller Entities (effective April 2008).
 
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