ROCHILLS_LIMITED - Accounts

ROCHILLS LIMITED - Company Information

Print Friendly Version

ROCHILLS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

Company Registration No. 4899355 (England and Wales)

ROCHILLS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ROCHILLS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Tangible assets

15,975

18,967

Current assets

Debtors

71,206

26,532

Cash at bank and in hand

705

19,794

71,911

46,326

Creditors: amounts falling due within one year

(91,261)

(98,577)

Net current liabilities

(19,350)

(52,251)

Total assets less current liabilities

(3,375)

(33,284)

Capital and reserves

Called up share capital

Profit and loss account

(3,377)

(33,286)

Shareholders' funds

(3,375)

(33,284)

For the financial year ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

The directors acknowledge their 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 30 December 2014

M. Roccia

Director

Company Registration No. 4899355

ROCHILLS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

- 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 April 2008).

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

Turnover

Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

1.4

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:

Fixtures, fittings & equipment

25% reducing balance

Motor vehicles

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 January 2013

37,926

Additions

2,335

At 31 December 2013

40,261

Depreciation

At 1 January 2013

18,960

Charge for the year

5,326

At 31 December 2013

24,286

Net book value

At 31 December 2013

15,975

At 31 December 2012

18,967

Share capital

2013

2012

Allotted, called up and fully paid

2 Ordinary shares of £1 each

ROCHILLS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2013

- 3 -

Transactions with directors

Included in debtors is an amount of £50,425 (2012: £12,828 creditors) in respect of directors' loan accounts. Interest is charged on this loan account at the official rate of interest.