Company Registration No. 08839260 (England and Wales)
GREEN AMBER RED LTD
Accounts
for the year ended 31 January 2019
GREEN AMBER RED LTD
Accounts
Contents
GREEN AMBER RED LTD
Company Information
for the year ended 31 January 2019
Company Number
08839260 (England and Wales)
Accountants
SSJ Accountants Ltd
173A High Street
Beckenham
Kent
BR3 1AH
GREEN AMBER RED LTD
Statement of financial position
as at 31 January 2019
Cash at bank and in hand
177,373
113,629
Creditors: amounts falling due within one year
(6,522)
(3,462)
Net current assets
174,151
120,367
Net assets
174,151
120,561
Called up share capital
10
10
Profit and loss account
174,141
120,551
Shareholders' funds
174,151
120,561
For the year ending 31 January 2019 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 13 February 2019.
J Hull
Director
Company Registration No. 08839260
GREEN AMBER RED LTD
Notes to the Accounts
for the year ended 31 January 2019
GREEN AMBER RED LTD is a private company, limited by shares, registered in England and Wales, registration number 08839260.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
4
Tangible fixed assets
Plant & machinery
Trade debtors
3,300
10,200
GREEN AMBER RED LTD
Notes to the Accounts
for the year ended 31 January 2019
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
27,573
18,572
Loans from directors
(21,051)
(15,110)
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7
Average number of employees
During the year the average number of employees was 1 (2018: 1).
