Abbreviated Company Accounts - RIVERSIDE QUARRY LIMITED

RIVERSIDE QUARRY LIMITED - Company Information

Registered Number 07369027

RIVERSIDE QUARRY LIMITED

Abbreviated Accounts

30 June 2016

RIVERSIDE QUARRY LIMITED Registered Number 07369027

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	30,254	37,817
		30,254	37,817
Current assets
Stocks		20,000	20,000
Debtors		8,434	-
Cash at bank and in hand		16,531	6,675
		44,965	26,675
Prepayments and accrued income		2,000	2,000
Creditors: amounts falling due within one year		(117,478)	(153,508)
Net current assets (liabilities)		(70,513)	(124,833)
Total assets less current liabilities		(40,259)	(87,016)
Total net assets (liabilities)		(40,259)	(87,016)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(40,261)	(87,018)
Shareholders' funds		(40,259)	(87,016)

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 28 March 2017

And signed on their behalf by:
Neil Gaunt, Director

RIVERSIDE QUARRY LIMITED Registered Number 07369027

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services.

Tangible assets depreciation policy
Depreciation is provided on tangible assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows :

Plant and machinery at 20% reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 July 2015	61,603
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	61,603
Depreciation
At 1 July 2015	23,786
Charge for the year	7,563
On disposals	-
At 30 June 2016	31,349
Net book values
At 30 June 2016	30,254
At 30 June 2015	37,817