Bear River Ltd - Accounts to registrar - small 17.1.1

Bear River Ltd - Accounts to registrar - small 17.1.1


IRIS Accounts Productionv17.1.1.60SC393122director1.2.1631.1.1731.1.17falsetruefalsefalsetruefalseiso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC3931222016-01-31SC3931222017-01-31SC3931222016-02-012017-01-31SC3931222015-01-31SC3931222015-02-012016-01-31SC3931222016-01-31SC393122ns15:Scotland2016-02-012017-01-31SC393122ns14:PoundSterling2016-02-012017-01-31SC393122ns10:Director12016-02-012017-01-31SC393122ns10:PrivateLimitedCompanyLtd2016-02-012017-01-31SC393122ns10:SmallEntities2016-02-012017-01-31SC393122ns10:AuditExemptWithAccountantsReport2016-02-012017-01-31SC393122ns10:SmallCompaniesRegimeForDirectorsReport2016-02-012017-01-31SC393122ns10:SmallCompaniesRegimeForAccounts2016-02-012017-01-31SC393122ns10:FullAccounts2016-02-012017-01-31SC393122ns10:RegisteredOffice2016-02-012017-01-31SC393122ns5:CurrentFinancialInstruments2017-01-31SC393122ns5:CurrentFinancialInstruments2016-01-31SC393122ns5:Non-currentFinancialInstruments2017-01-31SC393122ns5:Non-currentFinancialInstruments2016-01-31SC393122ns5:ShareCapital2017-01-31SC393122ns5:ShareCapital2016-01-31SC393122ns5:RetainedEarningsAccumulatedLosses2017-01-31SC393122ns5:RetainedEarningsAccumulatedLosses2016-01-31SC393122ns5:PlantMachinery2016-02-012017-01-31SC393122ns5:PlantMachinery2016-01-31SC393122ns5:PlantMachinery2017-01-31SC393122ns5:PlantMachinery2016-01-31SC393122ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2016-01-31SC393122ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2016-02-012017-01-31SC393122ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2017-01-31SC393122ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2016-01-31SC393122ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-01-31SC393122ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-01-31


REGISTERED NUMBER: SC393122(Scotland)














Unaudited Financial Statements

for the Year Ended 31 January 2017

for

Bear River Ltd

Bear River Ltd (Registered number: SC393122)






Contents of the Financial Statements
for the Year Ended 31 January 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Bear River Ltd

Company Information
for the Year Ended 31 January 2017







DIRECTOR: Mr B Aaen





REGISTERED OFFICE: Comac House
2 Coddington Crescent
Eurocentral
Motherwell
North Lanarkshire
ML1 4YF





REGISTERED NUMBER: SC393122(Scotland)





ACCOUNTANTS: Gordon Ferguson Consulting Ltd
Upper Floor
Comac House
2 Coddington Crescent
Eurocentral
Lanarkshire
ML1 4YF

Bear River Ltd (Registered number: SC393122)

Balance Sheet
31 January 2017

31.1.17 31.1.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,566 13,052

CURRENT ASSETS
Stocks 4,814 2,674
Debtors 5 12,505 16,609
Cash at bank and in hand 2,502 2,533
19,821 21,816
CREDITORS
Amounts falling due within one year 6 26,611 22,868
NET CURRENT LIABILITIES (6,790 ) (1,052 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,776

12,000

CREDITORS
Amounts falling due after more than one
year

7

7,571

11,521
NET ASSETS 205 479

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 204 478
SHAREHOLDERS' FUNDS 205 479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Bear River Ltd (Registered number: SC393122)

Balance Sheet - continued
31 January 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 17 May 2017and were signed by:





Mr B Aaen- Director


Bear River Ltd (Registered number: SC393122)

Notes to the Financial Statements
for the Year Ended 31 January 2017

1. STATUTORY INFORMATION

Bear River Ltd is a private company, limited by shares, registered in Scotland. The company's registered number
and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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 that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Bear River Ltd (Registered number: SC393122)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2017

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9.

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2016 63,048
Additions 5,495
At 31 January 2017 68,543
DEPRECIATION
At 1 February 2016 49,996
Charge for year 3,981
At 31 January 2017 53,977
NET BOOK VALUE
At 31 January 2017 14,566
At 31 January 2016 13,052

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 February 2016
and 31 January 2017 22,947
DEPRECIATION
At 1 February 2016 11,474
Charge for year 2,868
At 31 January 2017 14,342
NET BOOK VALUE
At 31 January 2017 8,605
At 31 January 2016 11,473

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Other debtors 12,505 16,609

Bear River Ltd (Registered number: SC393122)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2017

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Hire purchase contracts 3,950 3,950
Trade creditors 4,990 7,231
Taxation and social security 16,171 7,854
Other creditors 1,500 3,833
26,611 22,868

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.17 31.1.16
£    £   
Hire purchase contracts 7,571 11,521

Bear River Ltd

Report of the Accountants to the Director of
Bear River Ltd

The following reproduces the text of the report prepared for the director and members in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other
primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2017 set out on pages to and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Gordon Ferguson Consulting Ltd
Upper Floor
Comac House
2 Coddington Crescent
Eurocentral
Lanarkshire
ML1 4YF


17 May 2017