Abbreviated Company Accounts - GRAIG ENVIRONMENTAL RECYCLING SERVICES LIMITED

GRAIG ENVIRONMENTAL RECYCLING SERVICES LIMITED - Company Information

03668881 GRAIG ENVIRONMENTAL RECYCLING SERVICES LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 03668881 2014-12-01 2015-11-30 03668881 2015-11-30 03668881 2014-11-30 03668881 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 03668881 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number 03668881

GRAIG ENVIRONMENTAL RECYCLING SERVICES LIMITED

Abbreviated Accounts

30 November 2015

GRAIG ENVIRONMENTAL RECYCLING SERVICES LIMITED Registered Number 03668881

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	60,120	96,217
		60,120	96,217
Current assets
Stocks		85,095	89,725
Debtors		97,148	88,445
Cash at bank and in hand		53,979	88,106
		236,222	266,276
Creditors: amounts falling due within one year		(255,420)	(294,331)
Net current assets (liabilities)		(19,198)	(28,055)
Total assets less current liabilities		40,922	68,162
Creditors: amounts falling due after more than one year		(8,083)	(30,498)
Provisions for liabilities		(11,157)	(11,157)
Total net assets (liabilities)		21,682	26,507
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		21,582	26,407
Shareholders' funds		21,682	26,507

For the year ending 30 November 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 22 August 2016

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 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 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 are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost over their expected useful lives on the following basis:

Plant and Machinery 20% straight line
Motor Vehicles 25% straight line
Fixtures and Fittings 20% straight line

2Tangible fixed assets

	£
Cost
At 1 December 2014	510,458
Additions	19,171
Disposals	(11,485)
Revaluations	-
Transfers	(1,954)
At 30 November 2015	516,190
Depreciation
At 1 December 2014	414,241
Charge for the year	53,314
On disposals	(11,485)
At 30 November 2015	456,070
Net book values
At 30 November 2015	60,120
At 30 November 2014	96,217

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

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