Perton Quarry Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07049201 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

FOR

PERTON QUARRY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S J F Elliott

N M Elliott

SECRETARY:

S J F Elliott

REGISTERED OFFICE:

Elliotts (Cheltenham) Limited

Malvern View Business Park

Stella Way, Bishops Cleeve

Cheltenham

Gloucestershire

GL52 7DQ

REGISTERED NUMBER:

07049201 (England and Wales)

ACCOUNTANTS:

Kingscott Dix (Cheltenham) Limited

Chartered Accountants

Malvern View Business Park

Stella Way

Bishops Cleeve

Cheltenham

Gloucestershire

GL52 7DQ

FIXED ASSETS

Tangible assets

2

40,000

60,000

CURRENT ASSETS

Debtors

298,115

219,684

Cash at bank

9,629

4,881

307,744

224,565

CREDITORS

Amounts falling due within one year

273,096

223,235

NET CURRENT ASSETS

34,648

1,330

TOTAL ASSETS LESS CURRENT
LIABILITIES

74,648

61,330

CREDITORS

Amounts falling due after more than one
year

17,500

38,500

NET ASSETS

57,148

22,830

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

57,048

22,730

SHAREHOLDERS' FUNDS

57,148

22,830

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 20 July 2016 and were signed on its behalf by:

S J F Elliott - Director

N M Elliott - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company has net liabilities at 31st October 2013 and is reliant on the support of the director. It is the

intention of the director to support the company and therefore these accounts have been prepared on a going

concern basis.

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.

Plant and machinery etc

-

20% on cost

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 November 2014

and 31 October 2015

116,000

DEPRECIATION

At 1 November 2014

56,000

Charge for year

20,000

At 31 October 2015

76,000

NET BOOK VALUE

At 31 October 2015

40,000

At 31 October 2014

60,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100