BUYTHERIVER TRADING LIMITED




Company Registration Number:
08096301 (England and Wales)



Report of the Directors and Unaudited Financial Statements



Period of accounts


Start date: 01st July 2013

End date: 30th June 2014

SUBMITTED

BUYTHERIVER TRADING LIMITED

Contents of the Financial Statements
for the Period Ended
30th June 2014

Company Information
Report of the Directors
Profit and Loss Account
Gains and Losses
Balance sheet
Notes to the Financial Statements

BUYTHERIVER TRADING LIMITED

Company Information
for the Period Ended
30th June 2014




Director: John Gordon
Registered office: Grove House 1
Grove Place
Bedford
MK40 3JJ
Company Registration Number: 08096301 (England and Wales)

BUYTHERIVER TRADING LIMITED

Directors' Report Period Ended 30th June 2014

The directors present their report with the financial statements of the company for the period ended 30th June 2014

Principal activities
The principal activity of the company in the period under review was:
The principal activity of the company in the period under review was online retail sales

Directors
The directors shown below have held office during the whole of the period from
01st July 2013 to 30th June 2014
John Gordon

Political and charitable donations
No political or charitable donations have been made by the company.

Company policy on the employment of disabled persons
At present the company has no employees but it is the policy of the company to employ disabled persons.

During the accounting period to 30 June 2014 the company reported turnover and cost of sales. Due to administrative expenses the company recorded a loss £505, the company was funded from the directors loan account during this period of time.

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 10 March 2015
And Signed On Behalf Of The Board By:

Name: John Gordon
Status: Director

BUYTHERIVER TRADING LIMITED

Profit and Loss Account

for the Period Ended 30th June 2014

Notes 2014
£
2013
£
Turnover: 1,483 -
Cost of sales: 1,603 -
Gross profit or (loss): ( 120 ) -
Administrative expenses: , 480 690
Other operating income: 95 110
Operating profit or (loss): ( 505 ) ( 580 )
Profit or (loss) on ordinary activities before taxation: ( 505 ) ( 580 )
Profit or (loss) for the financial year: ( 505 ) ( 580 )

The notes form part of these financial statements

BUYTHERIVER TRADING LIMITED

Statement of total recognised gains and losses
30th June 2014

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report.

The notes form part of these financial statements

BUYTHERIVER TRADING LIMITED

Balance sheet
As at 30th June 2014

Notes 2014
£
2013
£
Current assets
Cash at bank and in hand: 1,004 193
Total current assets: 1,004 193
Net current assets (liabilities): 1,004 193
Total assets less current liabilities: 1,004 193
Provision for liabilities: 1,508 772
Total net assets (liabilities): ( 504 ) ( 579 )

The notes form part of these financial statements

BUYTHERIVER TRADING LIMITED

Balance sheet
As at 30th June 2014
continued

Notes 2014
£
2013
£
Capital and reserves
Called up share capital: 2 1 1
Profit and Loss account: ( 505 ) ( 580 )
Total shareholders funds: ( 504 ) ( 579 )

For the year ending 30 June 2014 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 10 March 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: John Gordon
Status: Director

The notes form part of these financial statements

BUYTHERIVER TRADING LIMITED

Notes to the Financial Statements
for the Period Ended
30th June 2014

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

    Turnover policy

    Any turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings - 2% on cost or revalued amounts, Plant and Machinery - 15% on cost, Fixtures and fittings - 10% on cost, Motor vehicles - 25% on cost.

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

    Other accounting policies

    None

BUYTHERIVER TRADING LIMITED

Notes to the Financial Statements
for the Period Ended
30th June 2014

  • 2. Called up share capital

    Allotted, called up and paid

    Previous period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1 1.00
    1.00
    1
    Total share capital: 1
    Current period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1 1.00
    1.00
    1
    Total share capital: 1

    On the 7th June 2012 when the company was formed, 1 ordinary share was issued to the value of £1. The director John Gordon is the current holder of this share.


Options

Monitor

  • Receive an alert email on changes to financial status
  • Early indications of liquidity problems
  • Warns when company reporting is overdue
  • Free service, no spam emails
Monitor Now

Please Help Us!

Was this document useful to you? Please Like our page. The more Likes we get, the more documents we can supply you free. Thanks.