GRAHAMS GARDENING LIMITED - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04624227 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

GRAHAM'S GARDENING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

G M Jackson

REGISTERED OFFICE:

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

REGISTERED NUMBER:

04624227 (England and Wales)

ACCOUNTANTS:

Segrave & Partners

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

11,858

2,239

11,858

2,239

CURRENT ASSETS

Cash at bank

2,727

1,826

CREDITORS

Amounts falling due within one year

4

11,070

2,628

NET CURRENT LIABILITIES

(8,343

)

(802

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,515

1,437

CREDITORS

Amounts falling due after more than one year

4

3,022

-

NET ASSETS

493

1,437

CAPITAL AND RESERVES

Called up share capital

5

1

1

Profit and loss account

492

1,436

SHAREHOLDERS' FUNDS

493

1,437

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 4 February 2015 and were signed by:

G M Jackson - Director

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 invoiced sales of services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Tools & equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax has been calculated, but the amount involved is not significant enough to materially affect the

financial statements, and therefore no provision has been made.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

5,000

AMORTISATION

At 1 January 2014

and 31 December 2014

5,000

NET BOOK VALUE

At 31 December 2014

-

At 31 December 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

14,806

Additions

14,600

Disposals

(11,157

)

At 31 December 2014

18,249

DEPRECIATION

At 1 January 2014

12,567

Charge for year

3,864

Eliminated on disposal

(10,040

)

At 31 December 2014

6,391

NET BOOK VALUE

At 31 December 2014

11,858

At 31 December 2013

2,239

4.

CREDITORS

Creditors include an amount of £ 4,749 for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1