Company Registration No. 04089344 (England and Wales)
Grange Property (York) Limited
Abbreviated Accounts
For The Year Ended 5 April 2016
GRANGE PROPERTY (YORK) LIMITED
Grange Property (York) Limited
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
GRANGE PROPERTY (YORK) LIMITED
Grange Property (York) Limited
ABBREVIATED BALANCE SHEET
AS AT
5 APRIL 2016
05 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Current assets
Stocks
178,477
345,224
Debtors
184
211
Cash at bank and in hand
5,024
10,553
183,685
355,988
Creditors: amounts falling due within one year
2
(168,336)
(354,591)
Total assets less current liabilities
15,349
1,397
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
15,249
1,297
Shareholders' funds
15,349
1,397
For the financial year ended 5 April 2016 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 his 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 for issue on 21 July 2016
Mr P Walker
Director
Company Registration No. 04089344
GRANGE PROPERTY (YORK) LIMITED
Grange Property (York) Limited
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 5 APRIL 2016
- 2 -
1
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 January 2015).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Tangible fixed assets and depreciation
Fixtures, fittings and equipment
1.4
Stock and work in progress
Work in progress is valued at the lower of cost and net realisable value.
2
Creditors: amounts falling due within one year
The aggregate amount of creditors for which security has been given amounted to £155,315 (2015 - £339,432).
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
51 Ordinary shares of £1 each
51
51
49 A Ordinary shares of £1 each
49
49
100
100