River Stewardship Company Limited
River Stewardship Company Limited
Registered number: 06759419
Unaudited Financial Statements
For The Year Ended 31 March 2017
Hodgson Finance Ltd
River Stewardship Company Limited
Unaudited Financial Statements
For The Year Ended 31 March 2017
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1 |
| Statement of Changes in Equity | 3 |
| Notes to the Financial Statements | 4—5 |
River Stewardship Company Limited
Balance Sheet
As at
31 March 2017
Balance Sheet
Registered number:
06759419
For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2017 | 2016 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 6 |
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| CURRENT ASSETS | |||||
| Debtors | 7 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 8 |
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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 | 9 |
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| NET ASSETS |
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| Profit and loss account |
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| SHAREHOLDERS' FUNDS | 139,779 | 75,085 | |||
Directors' responsibilities:
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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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account
On behalf of the board
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Page 1
River Stewardship Company Limited
Balance Sheet (continued)
As at
31 March 2017
The notes on pages 4 to 5 form part of these financial statements.
Page 2
River Stewardship Company Limited
Statement of Changes in Equity
For The Year Ended 31 March 2017
Statement of Changes in Equity
| Profit & Loss Account | |
|---|---|
| £ | |
| As at 1 April 2015 |
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| Profit for the year and total comprehensive income |
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| As at 31 March 2016 and 1 April 2016 |
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| Profit for the year and total comprehensive income |
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| As at |
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Page 3
River Stewardship Company Limited
Notes to the Unaudited Accounts
For The Year Ended 31 March 2017
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
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.
Statement of Cash Flow
The company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
1.3.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
1.4.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
1.5.
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 of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Motor Vehicles |
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6.
Tangible Assets
| Motor Vehicles | |
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| £ | |
| Cost | |
| As at |
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| Additions |
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| Disposals |
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| As at |
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| Depreciation | |
| As at |
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| Provided during the period |
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| Disposals |
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| As at |
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| Net Book Value | |
| As at |
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| As at |
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7.
Debtors
| 2017 | 2016 | ||
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| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Prepayments and accrued income |
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Page 4
River Stewardship Company Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 31 March 2017
8.
Creditors: Amounts Falling Due Within One Year
| 2017 | 2016 | ||
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| £ | £ | ||
| Trade creditors |
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| Bank loans and overdrafts |
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| Other taxes and social security |
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| Accruals and deferred income |
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9.
Creditors: Amounts Falling Due After More Than One Year
| 2017 | 2016 | ||
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| £ | £ | ||
| Bank loans |
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10.
Controlling Party Not Known
The controlling parties of the company are its members, Sheffield City Council, Groundwork South Yorkshire and The Sheffield Wildlife Trust.
11.
General Information
River Stewardship Company Limited Registered number 06759419 is a limited by guarantee company incorporated in England & Wales. The Registered Office is Exchange Brewery, 2 Bridge Street, Sheffield, South Yorkshire, S3 8NS.
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