Riverbase Limited - Limited company - abbreviated - 11.6
Riverbase Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED |
| 31ST DECEMBER 2014 |
| FOR |
| RIVERBASE LIMITED |
| RIVERBASE LIMITED (REGISTERED NUMBER: 07594968) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| Page |
| Company information | 1 |
| Abbreviated balance sheet | 2 |
| Notes to the abbreviated accounts | 4 |
| RIVERBASE LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| Directors: |
| Registered office: |
| Registered number: |
| RIVERBASE LIMITED (REGISTERED NUMBER: 07594968) |
| ABBREVIATED BALANCE SHEET |
| 31ST DECEMBER 2014 |
| 31.12.14 | 31.12.13 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 2 |
| Current assets |
| Stocks |
| Debtors |
| Cash at bank |
| Creditors |
| Amounts falling due within one year |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities | ( |
) | ( |
) |
| Creditors |
| Amounts falling due after more than one year |
| Net liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| 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. |
| RIVERBASE LIMITED (REGISTERED NUMBER: 07594968) |
| ABBREVIATED BALANCE SHEET - continued |
| 31ST DECEMBER 2014 |
| The financial statements were approved by the Board of Directors on behalf by: |
| RIVERBASE LIMITED (REGISTERED NUMBER: 07594968) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| 1. | Accounting policies |
| Basis of accounting |
| The accounts have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| The balance sheet at the period end shows net liabilities of £231,892 which includes loans from the |
| directors of £195,000. The directors confirm that the company is able to meet its liabilities as they fall |
| due. Therefore, they consider it appropriate to adopt the going concern basis in preparing these |
| accounts. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance |
| with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover, all of which arises in the U.K, represents revenue recognised in the accounts. Revenue is |
| recognised when the company fulfils its contractual obligations to customers by supplying goods and |
| services and excludes value added tax. |
| Tangible fixed assets |
| Tangible fixed assets are stated in the Balance Sheet at cost less depreciation. |
| Depreciation is provided at the following rates on the straight line method in order to write off each |
| asset over its estimated useful life; |
| Leasehold improvements 5% |
| Plant and equipment 25% |
| Stock |
| Stock has been valued by the directors at the lower of cost and net realisable value. |
| Deferred tax |
| Deferred tax arises as a result of including items of income & expenditure in tax computations in |
| periods different from those in which they are included in the company's accounts. Deferred tax is |
| provided in full on timing differences which result in an obligation to pay more (or less) tax at a |
| future date, at the average tax rates that are expected to apply when the timing differences reverse, |
| based on current tax rates and laws. Deferred tax is not provided on timing differences arising from |
| the revaluation of fixed assets when there is no commitment to sell the asset. |
| Operating leases |
| The cost of operating leases is charged to the profit and loss account on a straight line basis over the |
| lease term. |
| RIVERBASE LIMITED (REGISTERED NUMBER: 07594968) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| 2. | Tangible fixed assets |
| Total |
| £ |
| Cost |
| At 1st January 2014 |
| Additions |
| At 31st December 2014 |
| Depreciation |
| At 1st January 2014 |
| Charge for year |
| At 31st December 2014 |
| Net book value |
| At 31st December 2014 |
| At 31st December 2013 |
| 3. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.14 | 31.12.13 |
| value: | £ | £ |
| A Ordinary shares | £1 |
| B Ordinary shares | £1 |
| C ordinary shares | £1 |
| 100 | 100 |