Grassmarket Holdings Ltd - Period Ending 2015-08-31
Grassmarket Holdings Ltd - Period Ending 2015-08-31
Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Grassmarket Holdings Ltd
Contents
|
|||
|
|||
|
The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Grassmarket Holdings Ltd
for the Year Ended 31 August 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Grassmarket Holdings Ltd for the year ended 31 August 2015 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. 2 to 4
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance.
This report is made solely to the Board of Directors of Grassmarket Holdings Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Grassmarket Holdings Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Institue of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Grassmarket Holdings Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Grassmarket Holdings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Grassmarket Holdings Ltd. You consider that Grassmarket Holdings Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Grassmarket Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
......................................
Glen Drummond CA Ltd
Chartered Accountants
Argyll House
Quarrywood Court
Livingston
West Lothian
EH54 6AX
27 July 2016
Grassmarket Holdings Ltd
(Registration number: SC471465)
Abbreviated Balance Sheet at 31 August 2015
Note |
31 August 2015
|
31 August 2014
|
|||||||
Fixed assets |
|||||||||
Investments |
|
|
|||||||
Current assets |
|||||||||
Debtors |
- |
|
|||||||
Creditors: Amounts falling due within one year |
( |
( |
|||||||
Net current (liabilities)/assets |
( |
|
|||||||
Net (liabilities)/assets |
( |
|
|||||||
Capital and reserves |
|||||||||
Called up share capital |
|
|
|||||||
Profit and loss account |
( |
- |
|||||||
Shareholders' (deficit)/funds |
( |
|
Approved by the director on
.........................................
Mr Marcello Crolla
Director
2
Grassmarket Holdings Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 August 2015
......... continued
Accounting policies |
Basis of preparation
Going concern
The accounts have been prepared on a going concern basis as the director has undertaken to continue supporting the company through his director's loan account until such time as the company has generated sufficient profits to allow it to be repaid.
Turnover
Fixed asset investments
Fixed assets |
Investments
|
Total
|
|||||
Cost |
||||||
At 1 September 2014 |
3 |
3 |
||||
At 31 August 2015 |
3 |
3 |
||||
Depreciation |
||||||
At 31 August 2015 |
- |
- |
||||
Net book value |
||||||
At 31 August 2015 |
|
|
||||
At 31 August 2014 |
|
|
|
Details of undertakings |
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Country of incorporation |
Holding |
Proportion of voting rights and shares held |
Principal activity |
Subsidiary undertakings |
||||
|
Scotland |
Ordinary Shares |
|
|
|
Scotland |
Ordinary Shares |
|
|
|
Scotland |
Ordinary shares |
|
|
Grassmarket Holdings Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 August 2015
......... continued
Share capital |
Allotted, called up and fully paid shares
31 August 2015 |
31 August 2014 |
|||||||||||
No. |
£ |
No. |
£ |
|||||||||
|
|
|
|
|
||||||||