Abbreviated Company Accounts - ELITE GRANITE LIMITED

Abbreviated Company Accounts - ELITE GRANITE LIMITED

ELITE GRANITE LIMITED - Company Information

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Registered Number 05097016

ELITE GRANITE LIMITED

Abbreviated Accounts

30 June 2016

ELITE GRANITE LIMITED Registered Number 05097016

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 175 175
Tangible assets 3 169,575 195,713
169,750 195,888
Current assets
Stocks 70,100 60,328
Debtors 1,000,879 688,594
Cash at bank and in hand 290,341 214,189
1,361,320 963,111
Creditors: amounts falling due within one year (693,027) (584,681)
Net current assets (liabilities) 668,293 378,430
Total assets less current liabilities 838,043 574,318
Creditors: amounts falling due after more than one year (133,573) (162,974)
Total net assets (liabilities) 704,470 411,344
Capital and reserves
Called up share capital 2 2
Profit and loss account 704,468 411,342
Shareholders' funds 704,470 411,344
  • For the year ending 30 June 2016 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 16 August 2016

And signed on their behalf by:
Martin Brookes, Director

ELITE GRANITE LIMITED Registered Number 05097016

Notes to the Abbreviated Accounts for the period ended 30 June 2016

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.

2Intangible fixed assets
£
Cost
At 1 July 2015 175
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2016 175
Amortisation
At 1 July 2015 -
Charge for the year -
On disposals -
At 30 June 2016 -
Net book values
At 30 June 2016 175
At 30 June 2015 175
3Tangible fixed assets
£
Cost
At 1 July 2015 396,573
Additions 21,508
Disposals -
Revaluations -
Transfers -
At 30 June 2016 418,081
Depreciation
At 1 July 2015 200,860
Charge for the year 47,646
On disposals -
At 30 June 2016 248,506
Net book values
At 30 June 2016 169,575
At 30 June 2015 195,713