Company Registration No. 05957486 (England and Wales)
THE GRANGE DEVELOPMENT (ESSEX) LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
THE GRANGE DEVELOPMENT (ESSEX) LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
THE GRANGE DEVELOPMENT (ESSEX) LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
31 March 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
340
-
Current assets
Stocks
251,321
256,508
Debtors
28,550
-
Cash at bank and in hand
22,056
1,461
301,927
257,969
Creditors: amounts falling due within one year
(302,263)
(257,965)
Net current (liabilities)/assets
(336)
4
Total assets less current liabilities
4
4
Capital and reserves
Called up share capital
3
4
4
Shareholders' funds
4
4
For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their 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 15 December 2015
M Johnson
Director
Company Registration No. 05957486
THE GRANGE DEVELOPMENT (ESSEX) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 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 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.
VAT.
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:
Fixtures, fittings & equipment
25% straight line
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014
-
Additions
453
At 31 March 2015
453
Depreciation
At 1 April 2014
-
Charge for the year
113
At 31 March 2015
113
Net book value
At 31 March 2015
340
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
4 ordinary shares of £1 each
4
4