Abbreviated Company Accounts - THE REDCAR BROOK COMPANY LIMITED

THE REDCAR BROOK COMPANY LIMITED - Company Information

04904115 THE REDCAR BROOK COMPANY LIMITED 2013-09-30 false 2012-10-01 2013-09-30 true 04904115 2012-10-01 2013-09-30 04904115 2013-09-30 04904115 2012-09-30 04904115 uk-gaap-cd-bus:Director1 2012-10-01 2013-09-30 04904115 uk-gaap-cd-bus:Director2 2012-10-01 2013-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-01 2013-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-09-30 iso4217:GBP shares

Registered Number 04904115

THE REDCAR BROOK COMPANY LIMITED

Abbreviated Accounts

30 September 2013

THE REDCAR BROOK COMPANY LIMITED Registered Number 04904115

Abbreviated Balance Sheet as at 30 September 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	20,804	17,730
Investments	3	205,000	260,893
		225,804	278,623
Current assets
Stocks		878,939	878,938
Debtors		12,471	13,832
Cash at bank and in hand		4,786	46,512
		896,196	939,282
Creditors: amounts falling due within one year	4	(38,155)	(51,387)
Net current assets (liabilities)		858,041	887,895
Total assets less current liabilities		1,083,845	1,166,518
Creditors: amounts falling due after more than one year	4	(1,113,045)	(1,171,546)
Total net assets (liabilities)		(29,200)	(5,028)
Capital and reserves
Called up share capital	5	100	100
Revaluation reserve		13,824	-
Profit and loss account		(43,124)	(5,128)
Shareholders' funds		(29,200)	(5,028)

For the year ending 30 September 2013 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 2 October 2014

And signed on their behalf by:
Mr Simon Russell, Director

THE REDCAR BROOK COMPANY LIMITED Registered Number 04904115

Notes to the Abbreviated Accounts for the period ended 30 September 2013

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 residual value of each asset over its expected useful life, as follows:
Land & buildings - straight line 25 years
Plant & machinery Straight line over 5 years
Fixtures & equipment straight line 5 -10 years

Valuation information and policy
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.

Other accounting policies
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 2012	46,759
Additions	5,600
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2013	52,359
Depreciation
At 1 October 2012	29,029
Charge for the year	2,526
On disposals	-
At 30 September 2013	31,555
Net book values
At 30 September 2013	20,804
At 30 September 2012	17,730

3Fixed assets Investments
Fixed assets investments consist of property.
B/fwd £260,893 additions £70,283, revaluations, £13,824 and disposals (£140,000). The carrying value a t 30th September 2013 equates to £205,000

4Creditors

	2013 £	2012 £
Secured Debts	491,500	491,500

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100