Company Registration Number 07180413 (England and Wales)
GROUNDS ASSOCIATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
PAGES FOR FILING WITH REGISTRAR
GROUNDS ASSOCIATES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2019
31 March 2019
- 1 -
2019
2018
£
£
£
£
Fixed assets
3,992
8,352
Current assets
34,224
8,657
Creditors: amounts falling due within one year
(38,259)
(26,758)
Net current liabilities
(4,035)
(18,101)
Total assets less current liabilities
(43)
(9,749)
Net liabilities
(43)
(9,749)
Capital and reserves
(43)
(9,749)
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
Included in other debtors is £18,176 (2018 - £5,918) owed to the company by the sole director. Interest of £443 (2018 - nil) has been charged at the approved beneficial loan interest rate.
2
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2019
2018
Number
Number
Employees
1
1
GROUNDS ASSOCIATES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2019
31 March 2019
- 2 -
Grounds Associates Limited is a private company limited by shares incorporated in England and Wales. The registered office is St John's Court, Wiltell Road, Lichfield, Staffordshire, WS14 9DS.
For the year ended 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 30 January 2020
A Grounds
Director
Company Registration Number 07180413