Abbreviated Company Accounts - SILVERTHORNE RTM COMPANY LIMITED
Abbreviated Company Accounts - SILVERTHORNE RTM COMPANY LIMITED
Registered Number 07737834
SILVERTHORNE RTM COMPANY LIMITED
Abbreviated Accounts
31 December 2015
SILVERTHORNE RTM COMPANY LIMITED Registered Number 07737834
Abbreviated Balance Sheet as at 31 December 2015
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Fixed assets | |||
Intangible assets |
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Tangible assets |
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Investments |
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Current assets | |||
Stocks |
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Debtors |
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Investments |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: amounts falling due within one year |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Provisions for liabilities |
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Accruals and deferred income |
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Total net assets (liabilities) |
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Reserves | |||
Revaluation reserve |
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Other reserves |
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Income and expenditure account |
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Members' funds |
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For the year ending 31 December 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
And signed on their behalf by:
SILVERTHORNE RTM COMPANY LIMITED Registered Number 07737834
Notes to the Abbreviated Accounts for the period ended 31 December 2015
1Accounting Policies
Basis of measurement and preparation of accounts
accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover policy
The amount invoiced represents service charges for the year sufficient to cover expenditure.
Other accounting policies
Financial liabilities and equity instruments are classified according to the substance of the
contractual arrangements entered into. An equity instrument is any contract that evidences a
residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are
equivalent to a similar debt instrument, those financial instruments are classed as financial
liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and
gains or losses relating to financial liabilities are included in the profit and loss account. Finance
costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a
financial liability then this is classed as an equity instrument. Dividends and distributions
relating to equity instruments are debited direct to equity.
Sinking fund
Members pay agreed amounts to the company in respect of planned future expenditure. The
company holds these funds as trustee as a Sinking Fund being payments in advance due outside
12 months.
2Company limited by guarantee