Green Continent Limited - Abbreviated accounts

Green Continent Limited - Abbreviated accounts


Registered number
07857829
Green Continent Limited
Abbreviated Accounts for the year ended
30 November 2014
Green Continent Limited
Registered number: 07857829
Abbreviated Balance Sheet
as at 30 November 2014
Notes 2014 2013
£ £
Current assets
Debtors 901 7,342
Cash at bank and in hand 5,916 9,426
6,817 16,768
Creditors: amounts falling due within one year (6,422) (8,311)
Net current assets 395 8,457
Net assets 395 8,457
Capital and reserves
Called up share capital 2 100 100
Profit and loss account 295 8,357
Shareholders' funds 395 8,457
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
G Christou
Director
Approved by the board on 11 February 2015
Green Continent Limited
Notes to the Abbreviated Accounts
for the year ended 30 November 2014
1 Accounting policies
Basis of preparation
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
2 Share capital Nominal 2014 2014 2013
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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