Grantley Lowe Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06478663 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2017

for

Grantley Lowe Limited

Company Information

1

Balance Sheet

2

DIRECTOR:

R Lowe

SECRETARY:

Mrs A A Lowe

REGISTERED OFFICE:

34 St Anne Street

Liverpool

Merseyside

L3 3DS

REGISTERED NUMBER:

06478663 (England and Wales)

ACCOUNTANTS:

McEwan Wallace Limited

68 Argyle Street

Birkenhead

CH41 6AF

FIXED ASSETS

231

3,737

CURRENT ASSETS

497,508

429,733

CREDITORS

Amounts falling due within one year

(68,711

)

(121,273

)

NET CURRENT ASSETS

428,797

308,460

TOTAL ASSETS LESS CURRENT LIABILITIES

429,028

312,197

CAPITAL AND RESERVES

429,028

312,197

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 6 .

2.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2017 and

30 April 2016:

30.4.17

30.4.16

£

£

R Lowe

Balance outstanding at start of year

(30,195

)

(307,036

)

Amounts advanced

53,100

298,841

Amounts repaid

(20,000

)

(22,000

)

Balance outstanding at end of year

2,905

(30,195

)

At the year end the director, Mr R Lowe, owed the company £2,905 (2016 the company owed the directors

£30,195).

This unsecured advance is interest free, with no formal repayment schedule.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 8 January 2018 and were signed by:

R Lowe - Director