Greenstik Materials Ltd - Limited company - abbreviated

REGISTERED NUMBER: 08154166 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2015

for

Greenstik Materials Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G T Dunn

S C Cliffe

REGISTERED OFFICE:

Unit 9

Lancaster Road

Carnaby Industrial Estate

Bridlington

East Yorkshire

YO15 3QY

REGISTERED NUMBER:

08154166 (England and Wales)

ACCOUNTANTS:

Pelham

16 Dudley Street

Grimsby

N E Lincolnshire

DN31 2AB

FIXED ASSETS

Tangible assets

2

786

599

CURRENT ASSETS

Stocks

95,295

67,399

Debtors

19,165

11,240

Cash at bank and in hand

3,760

992

118,220

79,631

CREDITORS

Amounts falling due within one year

94,915

68,488

NET CURRENT ASSETS

23,305

11,143

TOTAL ASSETS LESS CURRENT
LIABILITIES

24,091

11,742

PROVISIONS FOR LIABILITIES

157

120

NET ASSETS

23,934

11,622

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

23,932

11,620

SHAREHOLDERS' FUNDS

23,934

11,622

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 8 September 2015 and were signed on its behalf
by:

G T Dunn - Director

1.	ACCOUNTING POLICIES

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 represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

599

Additions

385

At 30 June 2015

984

DEPRECIATION

Charge for year

198

At 30 June 2015

198

NET BOOK VALUE

At 30 June 2015

786

At 30 June 2014

599

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

2

Ordinary

£1

2

Greenstik Materials Ltd - Limited company - abbreviated - 11.6

Greenstik Materials Ltd - Limited company - abbreviated - 11.6