SOLIHULL_RAIL_SUPPLIES_&_ - Accounts

SOLIHULL RAIL SUPPLIES & SERVICES LIMITED - Company Information

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Company Registration No. 01156315 (England and Wales)

SOLIHULL RAIL SUPPLIES & SERVICES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

SOLIHULL RAIL SUPPLIES & SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

SOLIHULL RAIL SUPPLIES & SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

2,587

3,234

Current assets

Stocks

1,124

2,538

Debtors

26,308

21,562

Cash at bank and in hand

200

12,645

27,632

36,745

Creditors: amounts falling due within one year

(16,009)

(21,857)

Net current assets

11,623

14,888

Total assets less current liabilities

14,210

18,122

Provisions for liabilities

(46)

14,210

18,076

Capital and reserves

Called up share capital

Profit and loss account

14,208

18,074

Shareholders' funds

14,210

18,076

SOLIHULL RAIL SUPPLIES & SERVICES LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 APRIL 2014

- 2 -

For the financial year ended 30 April 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges his 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 January 2015

Mr R A Shaw

Director

Company Registration No. 01156315

SOLIHULL RAIL SUPPLIES & SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

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

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3

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:

Plant and machinery

20% reducing balance

1.4

Stock

Stock is valued at the lower of cost and net realisable value.

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 May 2013 & at 30 April 2014

37,915

Depreciation

At 1 May 2013

34,681

Charge for the year

647

At 30 April 2014

35,328

Net book value

At 30 April 2014

2,587

At 30 April 2013

3,234

Creditors: amounts falling due within one year

SOLIHULL RAIL SUPPLIES & SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2014

- 4 -

Share capital

2014

2013

Allotted, called up and fully paid

2 Ordinary shares of £1 each

Transactions with directors

Included within other creditors is an amount of £9,099 (2013: £6,056) owed to Mr R A Shaw.