Grays Road Investments Ltd - Limited company - abbreviated - 11.6
Grays Road Investments Ltd - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 MAY 2014 |
FOR |
GRAYS ROAD INVESTMENTS LTD |
GRAYS ROAD INVESTMENTS LTD (REGISTERED NUMBER: 05828718) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MAY 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
GRAYS ROAD INVESTMENTS LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MAY 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
GRAYS ROAD INVESTMENTS LTD (REGISTERED NUMBER: 05828718) |
ABBREVIATED BALANCE SHEET |
31 MAY 2014 |
31.5.14 | 31.5.13 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
Investment property | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
GRAYS ROAD INVESTMENTS LTD (REGISTERED NUMBER: 05828718) |
ABBREVIATED BALANCE SHEET - continued |
31 MAY 2014 |
The financial statements were approved by the Board of Directors on |
GRAYS ROAD INVESTMENTS LTD (REGISTERED NUMBER: 05828718) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MAY 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
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 |
Turnover represents net rent receivable, excluding value added tax. |
Tangible fixed assets |
Improvements to property | - |
Fixtures and fittings | - |
Investment property -depreciation |
In accordance with Financial Reporting standard for Smaller Entities (effective April 2008), no depreciation or |
amortisation is provided in respect of freehold investment properties nor on leasehold investment properties |
having an unexpired term of more than twenty years. This departure from the requirements of the Companies Act |
2006, for all properties to be depreciated, is necessary, as the directors consider that this accounting policy |
results in the financial statements giving true and fair view. |
Investment properties |
Investment Properties are included in the Balance Sheet at historical cost, which is not in accordance with |
Financial Reporting Standard for Smaller Entities(effective April 2008), which requires such properties to be |
stated at current market value. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 June 2013 |
and 31 May 2014 |
DEPRECIATION |
At 1 June 2013 |
Charge for year |
At 31 May 2014 |
NET BOOK VALUE |
At 31 May 2014 |
At 31 May 2013 |
3. | INVESTMENT PROPERTY |
Total |
£ |
COST |
At 1 June 2013 |
and 31 May 2014 |
NET BOOK VALUE |
At 31 May 2014 |
At 31 May 2013 |
GRAYS ROAD INVESTMENTS LTD (REGISTERED NUMBER: 05828718) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 MAY 2014 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.5.14 | 31.5.13 |
value: | £ | £ |
Ordinary | £1 |