Bollin Stone Company Limited - Accounts to registrar (filleted) - small 18.1

Bollin Stone Company Limited - Accounts to registrar (filleted) - small 18.1

BOLLIN STONE COMPANY LIMITED - Company Information

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REGISTERED NUMBER: 00555470 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2017

FOR

BOLLIN STONE COMPANY LIMITED
BOLLIN STONE COMPANY LIMITED (REGISTERED NUMBER: 00555470)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 August 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BOLLIN STONE COMPANY LIMITED

COMPANY INFORMATION
For The Year Ended 31 August 2017







DIRECTOR: P V A Ashton



REGISTERED OFFICE: 1 Wellington Road
Bollington
Macclesfield
Cheshire
SK10 5JR



REGISTERED NUMBER: 00555470 (England and Wales)



ACCOUNTANTS: Drabble & Co
Chartered Certified Accountants
1 Wellington Road
Bollington
Macclesfield
Cheshire
SK10 5JR



BANKERS: The Co-Operative Bank
PO Box 250
Delf House
Southway
Skelmersdale
WN8 6NY
Page 1
BOLLIN STONE COMPANY LIMITED (REGISTERED NUMBER: 00555470)

BALANCE SHEET
31 August 2017

31.8.17 31.8.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 99,441 88,937
Investments 5 10,977 10,977
110,418 99,914

CURRENT ASSETS
Debtors 6 61,181 33,007
Cash at bank and in hand 22,517 23,660
83,698 56,667
CREDITORS
Amounts falling due within one year 7 24,070 15,959
NET CURRENT ASSETS 59,628 40,708
TOTAL ASSETS LESS CURRENT
LIABILITIES
170,046
140,622

PROVISIONS FOR LIABILITIES 19,471 17,787
NET ASSETS 150,575 122,835

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 150,075 122,335
SHAREHOLDERS' FUNDS 150,575 122,835

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial
year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which
otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 5 April 2018 and were signed by:





P V A Ashton - Director


The notes form part of these financial statements

Page 2
BOLLIN STONE COMPANY LIMITED (REGISTERED NUMBER: 00555470)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 August 2017

1. STATUTORY INFORMATION

Bollin Stone Company Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax
and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 10% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it
relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which
they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or
substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered
against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to profit or loss in the period to which they relate.

Freehold land
Freehold land is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in the value is recognised
in profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

Page 3 continued...
BOLLIN STONE COMPANY LIMITED (REGISTERED NUMBER: 00555470)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 August 2017

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 September 2016 49,095 67,862 116,957
Additions - 4,000 4,000
Revaluations 10,905 - 10,905
At 31 August 2017 60,000 71,862 131,862
DEPRECIATION
At 1 September 2016 - 28,020 28,020
Charge for year - 4,401 4,401
At 31 August 2017 - 32,421 32,421
NET BOOK VALUE
At 31 August 2017 60,000 39,441 99,441
At 31 August 2016 49,095 39,842 88,937

Cost or valuation at 31 August 2017 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2002 43,287 - 43,287
Valuation in 2017 10,905 - 10,905
Cost 5,808 71,862 77,670
60,000 71,862 131,862

If Freehold land had not been revalued it would have been included at the following historical cost:

31.8.17 31.8.16
£    £   
Cost 5,808 -

Freehold land was valued on an open market basis on 11 July 2017 by Whittaker and Biggs .

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 September 2016
and 31 August 2017 10,977
NET BOOK VALUE
At 31 August 2017 10,977
At 31 August 2016 10,977

Page 4 continued...
BOLLIN STONE COMPANY LIMITED (REGISTERED NUMBER: 00555470)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 August 2017

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.17 31.8.16
£    £   
Trade debtors 1,181 13,007
Other debtors 60,000 20,000
61,181 33,007

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.17 31.8.16
£    £   
Trade creditors 14,088 6,927
Taxation and social security 4,607 318
Other creditors 5,375 8,714
24,070 15,959

8. RELATED PARTY DISCLOSURES

Other debtors includes a loan to AA Haulage Ltd £60000 (2016: £20000).
Trade creditors includes a balance to Latevallle Ltd £9797 (2016: £3550).
Rent has been received from Latevalle Ltd £8225 (2016: £8225) and paid to Latevalle Ltd £6247 (2016: £nil).
P V A Ashton is a director of AA Haulage Ltd and Latevalle Ltd.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is AA Haulage Ltd.

Page 5