Grovehill Limited Company accounts

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COMPANY REGISTRATION NUMBER: 02047775

Grovehill Limited

Unaudited Financial Statements

For the year ended

31 December 2018

Grovehill Limited

Financial Statements

Year ended 31 December 2018

Contents	Page

Director's report	1

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements	2

Statement of income and retained earnings	3

Statement of financial position	4

Notes to the financial statements	5

Grovehill Limited

Director's Report

Year ended 31 December 2018

The director presents her report and the unaudited financial statements of the company for the year ended 31 December 2018 .

Director

The director who served the company during the year was as follows:

Mrs P K Sinclair

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 17 September 2019 and signed on behalf of the board by:

Mrs P K Sinclair
Director

Registered office:

Flat 6

66 Wimpole Street

London

W1G 8AW

Grovehill Limited

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Grovehill Limited

Year ended 31 December 2018

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Grovehill Limited for the year ended 31 December 2018, which comprise the statement of income and retained earnings, statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation.

MACKENZIE FIELD Chartered Accountants

Hyde House The Hyde Edgware Road London NW9 6LA

17 September 2019

Grovehill Limited

Statement of Income and Retained Earnings

Year ended 31 December 2018

	2018	2017
Note	£	£

Administrative expenses	–	5
	----	----
Operating loss	–	( 5)

	----	----
Loss before taxation	–	( 5)

Tax on loss	–	–
	----	----
Loss for the financial year and total comprehensive income	–	( 5)
	----	----

Retained losses at the start of the year	( 181,810)	( 181,805)
	---------	---------
Retained losses at the end of the year	( 181,810)	( 181,810)
	---------	---------

All the activities of the company are from continuing operations.

Grovehill Limited

Statement of Financial Position

31 December 2018

	2018	2017
Note	£	£

Current assets

Cash at bank and in hand	1,860	1,860

Creditors: amounts falling due within one year	4	15,387	15,387
		--------	--------
Net current liabilities		13,527	13,527
		--------	--------
Total assets less current liabilities		( 13,527)	( 13,527)
		--------	--------

Capital and reserves

Called up share capital	168,283	168,283
Profit and loss account	( 181,810)	( 181,810)
	---------	---------
Shareholders deficit	( 13,527)	( 13,527)
	---------	---------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 December 2018 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 17 September 2019 , and are signed on behalf of the board by:

Mrs P K Sinclair
Director

Company registration number: 02047775

Grovehill Limited

Notes to the Financial Statements

Year ended 31 December 2018

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Flat 6, 66 Wimpole Street, London, W1G 8AW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Creditors: amounts falling due within one year

	2018	2017
	£	£
Other creditors	15,387	15,387
	--------	--------

5. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	Balance brought forward and outstanding
	2018	2017
	£	£
Mrs P K Sinclair	( 1,798)	( 1,798)
	-------	-------