Abbreviated Company Accounts - WASTELINE RECYCLING LIMITED

WASTELINE RECYCLING LIMITED - Company Information

08727659 WASTELINE RECYCLING LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 08727659 2015-11-01 2016-10-31 08727659 2016-10-31 08727659 2015-10-31 08727659 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 08727659 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 08727659

WASTELINE RECYCLING LIMITED

Abbreviated Accounts

31 October 2016

WASTELINE RECYCLING LIMITED Registered Number 08727659

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	45,309	17,494
		45,309	17,494
Current assets
Stocks		7,379	-
Debtors		7,348	5,210
Cash at bank and in hand		6,397	929
		21,124	6,139
Creditors: amounts falling due within one year		(41,630)	(22,741)
Net current assets (liabilities)		(20,506)	(16,602)
Total assets less current liabilities		24,803	892
Creditors: amounts falling due after more than one year		(19,354)	0
Total net assets (liabilities)		5,449	892
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		5,448	891
Shareholders' funds		5,449	892

For the year ending 31 October 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 30 July 2017

And signed on their behalf by:
JORDAN COOK, Director

WASTELINE RECYCLING LIMITED Registered Number 08727659

Notes to the Abbreviated Accounts for the period ended 31 October 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.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2015	22,579
Additions	38,249
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	60,828
Depreciation
At 1 November 2015	5,085
Charge for the year	10,434
On disposals	-
At 31 October 2016	15,519
Net book values
At 31 October 2016	45,309
At 31 October 2015	17,494

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1