Abbreviated Company Accounts - GRANSHA DEVELOPMENTS LTD

Abbreviated Company Accounts - GRANSHA DEVELOPMENTS LTD

GRANSHA DEVELOPMENTS LTD - Company Information

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Registered Number NI065167

GRANSHA DEVELOPMENTS LTD

Abbreviated Accounts

30 June 2014

GRANSHA DEVELOPMENTS LTD Registered Number NI065167

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 237,951 238,181
237,951 238,181
Current assets
Cash at bank and in hand 347 7,238
347 7,238
Creditors: amounts falling due within one year (51,577) (51,469)
Net current assets (liabilities) (51,230) (44,231)
Total assets less current liabilities 186,721 193,950
Creditors: amounts falling due after more than one year (196,234) (196,234)
Total net assets (liabilities) (9,513) (2,284)
Capital and reserves
Called up share capital 200 200
Profit and loss account (9,713) (2,484)
Shareholders' funds (9,513) (2,284)
  • 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.

Approved by the Board on 6 May 2015

And signed on their behalf by:
Mr Gary Fitzpatrick, Director

GRANSHA DEVELOPMENTS LTD Registered Number NI065167

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention.

Turnover policy
Turnover represents amounts receivable for goods and services net of Vat and trade discounts.

Tangible assets depreciation policy
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 & equipment 20% reducing balance

2Tangible fixed assets
£
Cost
At 1 July 2013 241,416
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2014 241,416
Depreciation
At 1 July 2013 3,235
Charge for the year 230
On disposals -
At 30 June 2014 3,465
Net book values
At 30 June 2014 237,951
At 30 June 2013 238,181