Registered Number 03769338

CWARE PANTGWYN QUARRY LIMITED

Abbreviated Accounts

31 March 2013

CWARE PANTGWYN QUARRY LIMITED Registered Number 03769338

Abbreviated Balance Sheet as at 31 March 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 773,316 822,044
773,316 822,044
Current assets
Stocks 54,116 64,388
Debtors 244,386 347,381
Cash at bank and in hand 5 6,333
298,507 418,102
Creditors: amounts falling due within one year 3 (327,685) (417,316)
Net current assets (liabilities) (29,178) 786
Total assets less current liabilities 744,138 822,830
Creditors: amounts falling due after more than one year 3 (137,768) (194,985)
Provisions for liabilities (42,294) (42,519)
Total net assets (liabilities) 564,076 585,326
Capital and reserves
Called up share capital 4 2 2
Profit and loss account 564,074 585,324
Shareholders' funds 564,076 585,326
  • For the year ending 31 March 2013 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 27 December 2013

And signed on their behalf by:
J L Rees, Director

CWARE PANTGWYN QUARRY LIMITED Registered Number 03769338

Notes to the Abbreviated Accounts for the period ended 31 March 2013

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.

Given the current trading performance of the company and the projected revenue earnings, the directors are confident that the accounts can be prepared on a going concern basis.

Turnover policy
Turnover represents net invoiced sales of goods excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term whichever is the shorter.

Plant & Machinery - 25% on reducing balance
Fixtures & Fittings - 15% on reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2012 2,018,432
Additions 50,200
Disposals (33,250)
Revaluations -
Transfers -
At 31 March 2013 2,035,382
Depreciation
At 1 April 2012 1,196,388
Charge for the year 93,750
On disposals (28,072)
At 31 March 2013 1,262,066
Net book values
At 31 March 2013 773,316
At 31 March 2012 822,044
3Creditors
2013
£
2012
£
Secured Debts 364,570 434,152
Instalment debts due after 5 years 1,379 21,343
4Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
2 Ordinary shares of £1 each 2 2