Abbreviated Company Accounts - GROWBRICK LIMITED

04286910 GROWBRICK LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 04286910 2013-04-01 2014-03-31 04286910 2014-03-31 04286910 2013-03-31 04286910 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 04286910 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 04286910

GROWBRICK LIMITED

Abbreviated Accounts

31 March 2014

GROWBRICK LIMITED Registered Number 04286910

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	770,000	860,000
		770,000	860,000
Current assets
Stocks		45,740	53,190
Cash at bank and in hand		10,644	12,320
		56,384	65,510
Creditors: amounts falling due within one year	3	(174,570)	(224,780)
Net current assets (liabilities)		(118,186)	(159,270)
Total assets less current liabilities		651,814	700,730
Creditors: amounts falling due after more than one year	3	(100,494)	(123,442)
Total net assets (liabilities)		551,320	577,288
Capital and reserves
Called up share capital	4	2	2
Revaluation reserve		465,318	510,318
Profit and loss account		86,000	66,968
Shareholders' funds		551,320	577,288

For the year ending 31 March 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 February 2015

And signed on their behalf by:
Mr P Hughes, Director

GROWBRICK LIMITED Registered Number 04286910

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Land and buildings freehold - Nil.
Fixtures, fittings & equipment - 25% per annum straight line.
Investment properties are included in the balance sheet at their open market value. No depreciation is provided thereon.

2Tangible fixed assets

	£
Cost
At 1 April 2013	896,000
Additions	-
Disposals	(90,000)
Revaluations	-
Transfers	-
At 31 March 2014	806,000
Depreciation
At 1 April 2013	36,000
Charge for the year	-
On disposals	-
At 31 March 2014	36,000
Net book values
At 31 March 2014	770,000
At 31 March 2013	860,000

3Creditors

	2014 £	2013 £
Secured Debts	121,400	141,728

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2