GROUP_RAPPORT_LIMITED - Accounts

GROUP RAPPORT LIMITED - Company Information

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Company Registration No. 06574915 (England and Wales)

GROUP RAPPORT LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

GROUP RAPPORT LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

GROUP RAPPORT LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Tangible assets

3,001

Current assets

Debtors

293,762

20,469

Cash at bank and in hand

8,715

2,524

302,477

22,993

Creditors: amounts falling due within one year

(206,287)

(132,868)

Net current assets/(liabilities)

96,190

(109,875)

Total assets less current liabilities

99,191

(109,875)

Capital and reserves

Called up share capital

1,000

Profit and loss account

98,191

(110,875)

Shareholders' funds

99,191

(109,875)

For the financial year ended 31 December 2013 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 30 September 2014

J Martell

M Russell

Director

Company Registration No. 06574915

GROUP RAPPORT LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

- 2 -

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 and trade discounts.

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:

Computer equipment

33% straight line

Fixed assets

Tangible assets

Cost

At 1 January 2013

Additions

3,354

At 31 December 2013

3,354

Depreciation

At 1 January 2013

Charge for the year

353

At 31 December 2013

353

Net book value

At 31 December 2013

3,001

Share capital

2013

2012

Allotted, called up and fully paid

1,000 Ordinary shares capital of £1 each

1,000

GROUP RAPPORT LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2013

- 3 -

Ultimate parent company

The ultimate parent company is Group Rapport Holdings Limited, a company registered in England and Wales.

Related party relationships and transactions

The following interest free advances and credits were made to the directors from the company during the year. The movement on these loans are as follows:

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

J Martell

4.00

221,882

3,386

(134,805)

90,463

M Russell

18,610

(39,810)

(21,200)

240,492

3,386

(174,615)

69,263