Rockscape Contract Services Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06749936 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2015

for

Rockscape Contract Services Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTORS:

T R Bletcher

Mrs R H Bletcher

REGISTERED OFFICE:

North Moor Farm

Crowle

North Lincolnshire

DN17 4DA

REGISTERED NUMBER:

06749936 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Britannia House

Marshall's Yard

Gainsborough

Lincolnshire

DN21 2NA

FIXED ASSETS

Tangible assets

2

22,169

-

Investment property

3

210,000

252,336

232,169

252,336

CURRENT ASSETS

Stocks

31,218

-

Debtors

5,103

169

Cash at bank

170,721

82,619

207,042

82,788

CREDITORS

Amounts falling due within one year

104,500

3,700

NET CURRENT ASSETS

102,542

79,088

TOTAL ASSETS LESS CURRENT LIABILITIES

334,711

331,424

CREDITORS

Amounts falling due after more than one year

(448,156

)

(448,156

)

PROVISIONS FOR LIABILITIES

(4,434

)

-

NET LIABILITIES

(117,879

)

(116,732

)

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

(117,881

)

(116,734

)

SHAREHOLDERS' FUNDS

(117,879

)

(116,732

)

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 21 March 2016 and were signed on its behalf by:

T R Bletcher - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

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

- 15% reducing balance

Motor vehicles

- 25% reducing balance

Computer equipment

- 20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

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.

Investment properties

In accordance with the Financial Reporting Standard for Small Entities (effective April 2008), the investment

property is valued annually and included in the financial statements at open market value. The surplus or deficit

is transferred to a revaluation reserve. No depreciation or amortisation is provided in respect of freehold

investment property.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the

generally accepted accounting principles set out in the FRSSE. The director considers that, because these

properties are not held for consumption but for their investment potential, to depreciate them would not give a

true and fair view and that it is necessary to adopt the provisions of the FRSSE regarding investment properties

in order to give a true and fair view.

If this departure from the act had not been made, the profit for the financial year would have been reduced by

depreciation. However, the amount of depreciation cannot reasonably be quantified, because depreciation is

only one of the many factors reflected in the annual valuation and the amount which might otherwise have been

shown cannot be separately identified or quantified.

Going concern

As at 30 June 2015 the company's liabilities exceeded its assets by £117,879. Included within liabilities are

balances totalling £448,156, details of which are given below.

The balances totalling £448,156 are with the directors. As the directors control the repayment terms of these

balances it is highly unlikely that this support of the company will be removed. Therefore the directors consider

it appropriate to prepare these financial statements on the going concern basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

23,632

At 30 June 2015

23,632

DEPRECIATION

Charge for year

1,463

At 30 June 2015

1,463

NET BOOK VALUE

At 30 June 2015

22,169

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 July 2014

252,336

Revaluations

(42,336

)

At 30 June 2015

210,000

NET BOOK VALUE

At 30 June 2015

210,000

At 30 June 2014

252,336

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Rockscape Contract Services Ltd for the year ended 30 June 2015 which comprise the Profit

and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Rockscape Contract Services Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rockscape Contract Services Ltd and state those matters that we have agreed to state to the Board of Directors of Rockscape Contract Services Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Rockscape Contract Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Rockscape Contract Services Ltd. You consider that Rockscape Contract Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rockscape Contract

Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or

information and explanations you have given to us and we do not, therefore, express any opinion on the statutory

financial statements.

Wright Vigar Limited

Chartered Accountants & Business Advisers

Britannia House

Marshall's Yard

Gainsborough

Lincolnshire

DN21 2NA

21 March 2016