Greco-roman Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06278997 (England and Wales)

Abbreviated Accounts

for the Year Ended 30 June 2014

for

Greco-roman Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

AD Waldron

J Goddard

REGISTERED OFFICE:

19 New Road

Brighton

BN1 1UF

BUSINESS ADDRESS:

81 Upper Tollington Park

London

N44LP

REGISTERED NUMBER:

06278997 (England and Wales)

ACCOUNTANTS:

Lucraft Hodgson & Dawes LLP

Ground Floor

19 New Road

Brighton

East Sussex

BN1 1UF

FIXED ASSETS

Tangible assets

2

65

87

CURRENT ASSETS

Stocks

2,500

3,499

Debtors

75,314

34,923

Cash at bank

25,129

20,691

102,943

59,113

CREDITORS

Amounts falling due within one year

93,323

76,771

NET CURRENT ASSETS/(LIABILITIES)

9,620

(17,658

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,685

(17,571

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

9,585

(17,671

)

SHAREHOLDERS' FUNDS

9,685

(17,571

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors on 27 February 2015 and were signed on its behalf by:

AD Waldron - 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 goods, excluding value added tax, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

116

DEPRECIATION

At 1 July 2013

29

Charge for year

22

At 30 June 2014

51

NET BOOK VALUE

At 30 June 2014

65

At 30 June 2013

87

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

100

Ordinary

£1

100

100