Abbreviated Company Accounts - GRAIG ENVIRONMENTAL RECYCLING SERVICES LIMITED

GRAIG ENVIRONMENTAL RECYCLING SERVICES LIMITED - Company Information

03668881 GRAIG ENVIRONMENTAL RECYCLING SERVICES LIMITED 2014-11-30 false 2013-12-01 2014-11-30 true 03668881 2013-12-01 2014-11-30 03668881 2014-11-30 03668881 2013-11-30 03668881 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 03668881 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP shares

Registered Number 03668881

GRAIG ENVIRONMENTAL RECYCLING SERVICES LIMITED

Abbreviated Accounts

30 November 2014

GRAIG ENVIRONMENTAL RECYCLING SERVICES LIMITED Registered Number 03668881

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	96,217	167,308
		96,217	167,308
Current assets
Stocks		89,725	88,009
Debtors		88,445	68,769
Cash at bank and in hand		88,106	46,354
		266,276	203,132
Creditors: amounts falling due within one year		(294,331)	(235,828)
Net current assets (liabilities)		(28,055)	(32,696)
Total assets less current liabilities		68,162	134,612
Creditors: amounts falling due after more than one year		(30,498)	(61,370)
Provisions for liabilities		(11,157)	(5,026)
Total net assets (liabilities)		26,507	68,216
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		26,407	68,116
Shareholders' funds		26,507	68,216

For the year ending 30 November 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 30 August 2015

And signed on their behalf by:
NICOLA SELBY, Director

GRAIG ENVIRONMENTAL RECYCLING SERVICES LIMITED Registered Number 03668881

Notes to the Abbreviated Accounts for the period ended 30 November 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
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant & Machinery - 20% straight line
Motor Vehicles - 25% straight line
Fixtures & Fittings - 20% straight line

2Tangible fixed assets

	£
Cost
At 1 December 2013	505,337
Additions	5,121
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	510,458
Depreciation
At 1 December 2013	338,029
Charge for the year	76,212
On disposals	-
At 30 November 2014	414,241
Net book values
At 30 November 2014	96,217
At 30 November 2013	167,308

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

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