Accounts filed on 31-03-2014


trueGreylands Investments Limited043985072014-03-31-34951-37529-34949-3752722-34949-37527358051360611323102323084-10881-111951088111195333983334279333983334279Basis of accounting The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Turnover The turnover shown in the profit and loss account represents the realisable value of work undertaken during the year, exclusive of Value Added Tax. Investment properties Investment properties are shown in the balance sheet at carrying value. The directors consider that at the year end the market value was in excess of the cost. No depreciation is charged or provided on such properties unless they comprise leasehold properties where the unexpired term of the lease is less than 20 years.Fixed Assets All fixed assets are initially recorded at cost. Financial Instruments Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.Going Concern The financial statements have been prepared on the going concern basis based on discussions with the director and continued financial support from the director. Fixtures & Fittingsreducing balance0.1500Computer Equipmentreducing balance0.25003385623385624579428329633856233856245794283296288125291562286632286632Ordinary1000110001000Ordinary12222015-01-13C N Seeleytruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureGreylands Investments Limited2013-04-012014-03-31Greylands Investments Limited2012-04-012013-03-31Greylands Investments Limited2012-03-31Greylands Investments Limited2013-03-31Greylands Investments Limited2013-03-31Greylands Investments Limited2014-03-31 2015-01-22