Abbreviated Company Accounts - THE REDCAR BROOK COMPANY LIMITED

THE REDCAR BROOK COMPANY LIMITED - Company Information

04904115 THE REDCAR BROOK COMPANY LIMITED 2015-09-28 false 2014-10-01 2015-09-28 true 04904115 2014-10-01 2015-09-28 04904115 2015-09-28 04904115 2014-09-30 04904115 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-28 04904115 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 04904115

THE REDCAR BROOK COMPANY LIMITED

Abbreviated Accounts

28 September 2015

THE REDCAR BROOK COMPANY LIMITED Registered Number 04904115

Abbreviated Balance Sheet as at 28 September 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	19,612	18,585
Investments	3	205,000	205,000
		224,612	223,585
Current assets
Stocks		927,103	884,214
Debtors		51,910	21,008
Cash at bank and in hand		86,330	167,431
		1,065,343	1,072,653
Creditors: amounts falling due within one year	4	(138,249)	(90,262)
Net current assets (liabilities)		927,094	982,391
Total assets less current liabilities		1,151,706	1,205,976
Creditors: amounts falling due after more than one year	4	(1,108,094)	(1,107,534)
Total net assets (liabilities)		43,612	98,442
Capital and reserves
Called up share capital	5	100	100
Revaluation reserve		13,747	13,785
Profit and loss account		29,765	84,557
Shareholders' funds		43,612	98,442

For the year ending 28 September 2015 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 19 August 2016

And signed on their behalf by:
Mr S. R. N. Russell, Director

THE REDCAR BROOK COMPANY LIMITED Registered Number 04904115

Notes to the Abbreviated Accounts for the period ended 28 September 2015

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 represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows:

Land and buildings - Straight Line over 25 years
Plant and machinery - 20% straight line
Fixtures, fittings
and equipment - 10% - 25% straight line

Other accounting policies
Investment Properties

Investment properties are revalued annually at their open market value in accordance with FRSSE (effective April 2008). The surplus or deficit on revaluation is transferred to a revaluation reserve except where the deficit reduces the property below its historical cost, in which case it is taken to the profit and loss account.
No depreciation is provided on investment properties which is a departure from the requirements of the Companies Act 2006. In the opinion of the directors these properties are held primarily for their investment potential and so their current value is of more significance than any measure of consumption and to depreciate them would not give a true and fair view.

Investments

Fixed asset investments are stated at cost less provision for permanent diminution in value

Stock and work in progress

Work in progress is valued at the lower of cost and net realisable value.

Going concern

These accounts have been prepared on a going concern basis as the largest creditor is the managing director and shareholder. The director is comfortable with the loans remaining outstanding for the next twelve months.

2Tangible fixed assets

	£
Cost
At 1 October 2014	52,455
Additions	4,084
Disposals	-
Revaluations	-
Transfers	-
At 28 September 2015	56,539
Depreciation
At 1 October 2014	33,870
Charge for the year	3,057
On disposals	-
At 28 September 2015	36,927
Net book values
At 28 September 2015	19,612
At 30 September 2014	18,585

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

4Creditors

	2015 £	2014 £
Secured Debts	498,560	498,000

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100