REGISTERED NUMBER: |
A & Y Stone Plant Limited |
Abridged Unaudited Financial Statements for the Year Ended 30 June 2017 |
REGISTERED NUMBER: |
A & Y Stone Plant Limited |
Abridged Unaudited Financial Statements for the Year Ended 30 June 2017 |
A & Y Stone Plant Limited (Registered number: 04776100) |
Contents of the Financial Statements |
for the Year Ended 30 June 2017 |
Page |
Company Information | 1 |
Abridged Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
A & Y Stone Plant Limited |
Company Information |
for the Year Ended 30 June 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
4 King Square |
Bridgwater |
Somerset |
TA6 3YF |
BANKERS: |
10 Colliers Walk |
Nailsea |
North Somerset |
BS48 1RL |
A & Y Stone Plant Limited (Registered number: 04776100) |
Abridged Statement of Financial Position |
30 June 2017 |
30.6.17 | 30.6.16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 5 |
Tangible assets | 6 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
A & Y Stone Plant Limited (Registered number: 04776100) |
Abridged Statement of Financial Position - continued |
30 June 2017 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on |
A & Y Stone Plant Limited (Registered number: 04776100) |
Notes to the Financial Statements |
for the Year Ended 30 June 2017 |
1. | STATUTORY INFORMATION |
A & Y Stone Plant Limited is a |
company's registered number and registered office address can be found on the Company Information page. |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Goodwill |
Goodwill was being amortised over 20 years from the date of purchase of the business in 2009 but this policy |
was changed with effect 1 July 2015 to write off over 9 years. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Plant and machinery etc | - |
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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
statement of financial position 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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
A & Y Stone Plant Limited (Registered number: 04776100) |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2017 |
3. | ACCOUNTING POLICIES - continued |
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. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
5. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 July 2016 |
and 30 June 2017 |
AMORTISATION |
At 1 July 2016 |
Amortisation for year |
At 30 June 2017 |
NET BOOK VALUE |
At 30 June 2017 |
At 30 June 2016 |
6. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 July 2016 |
Additions |
Disposals | ( |
) |
At 30 June 2017 |
DEPRECIATION |
At 1 July 2016 |
Charge for year |
Eliminated on disposal | ( |
) |
At 30 June 2017 |
NET BOOK VALUE |
At 30 June 2017 |
At 30 June 2016 |