Abbreviated Company Accounts - ROCKSWAIN LIMITED

01772838 ROCKSWAIN LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 01772838 2013-07-01 2014-06-30 01772838 2014-06-30 01772838 2013-06-30 01772838 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 01772838 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 01772838

ROCKSWAIN LIMITED

Abbreviated Accounts

30 June 2014

ROCKSWAIN LIMITED Registered Number 01772838

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Current assets
Debtors		-	55,000
Cash at bank and in hand		4,930	2,912
		4,930	57,912
Creditors: amounts falling due within one year		(600)	(420)
Net current assets (liabilities)		4,330	57,492
Total assets less current liabilities		4,330	57,492
Total net assets (liabilities)		4,330	57,492
Capital and reserves
Called up share capital	2	2	2
Profit and loss account		4,328	57,490
Shareholders' funds		4,330	57,492

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 21 August 2014

And signed on their behalf by:
Mr N A Sharrocks, Director

ROCKSWAIN LIMITED Registered Number 01772838

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.

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

GOING CONCERN

The company continues to meet its day to day working capital requirements due to the continued support of its creditors and related parties. The directors believe that this support will continue for the foreseeable future and therefore the accounts have been prepared on a going concern basis.
CONTROLLING INTEREST

The company was under the joint control of the directors Mr D McIlwain and Mr N A Sharrocks.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2