SOLIHULL_RAIL_SUPPLIES_&_ - Accounts

SOLIHULL RAIL SUPPLIES & SERVICES LIMITED - Company Information

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Company Registration No. 01156315 (England and Wales)

SOLIHULL RAIL SUPPLIES & SERVICES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2016

SOLIHULL RAIL SUPPLIES & SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

SOLIHULL RAIL SUPPLIES & SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

2,070

Current assets

Stocks

1,124

Debtors

9,686

19,404

Cash at bank and in hand

1,749

9,686

22,277

Creditors: amounts falling due within one year

(12,542)

Net current assets

9,686

9,735

Total assets less current liabilities

9,686

11,805

Capital and reserves

Called up share capital

Profit and loss account

9,684

11,803

Shareholder's funds

9,686

11,805

For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 8 December 2016

Mr R A Shaw

Director

Company Registration No. 01156315

SOLIHULL RAIL SUPPLIES & SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

20% reducing balance

1.4

Stock

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

Fixed assets

Tangible assets

Cost

At 1 May 2015

37,915

Disposals

(37,915)

At 30 April 2016

Depreciation

At 1 May 2015

35,845

On disposals

(35,845)

At 30 April 2016

Net book value

At 30 April 2016

At 30 April 2015

2,070

Share capital

2016

2015

Allotted, called up and fully paid

2 Ordinary shares of £1 each