BIOWASTE_RECOVERY_LIMITED - Accounts

BIOWASTE RECOVERY LIMITED - Company Information

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Company Registration No. 05883769 (England and Wales)

BIOWASTE RECOVERY LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2014

BIOWASTE RECOVERY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

BIOWASTE RECOVERY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

70,000

Current assets

Debtors

4,223

100

Cash at bank and in hand

3,956

8,179

100

Creditors: amounts falling due within one year

(89,662)

Net current (liabilities)/assets

(81,483)

100

Total assets less current liabilities

(11,483)

100

Capital and reserves

Called up share capital

100

Profit and loss account

(11,583)

Shareholders' funds

(11,483)

100

For the financial year ended 31 July 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 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 director acknowledges her 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 and authorised for issue on 27 April 2015

Mr Gayne Cooper

Director

Company Registration No. 05883769

BIOWASTE RECOVERY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014

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

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:

Plant and machinery

Fixed assets

Tangible assets

Cost

At 1 August 2013

Additions

70,000

At 31 July 2014

70,000

Share capital

2014

2013

Allotted, called up and fully paid

100 Ordinary of £1 each

100