GRB Accountancy Limited Small abridged accounts
GRB Accountancy Limited Small abridged accounts
Statement of Consent to Prepare Abridged Financial Statements |
COMPANY REGISTRATION NUMBER:
08740784
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Abridged Financial Statements |
Year ended 31 March 2019
Contents |
Page |
Abridged statement of financial position |
1 |
Notes to the abridged financial statements |
3 |
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Abridged Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
6 |
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Current assets
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Member funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
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The member has not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
30 December 2019
, and are signed on behalf of the board by:
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Director |
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Company registration number:
08740784
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Notes to the Abridged Financial Statements |
Year ended 31 March 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 34 Greenfield Avenue, Surbiton, Surrey, KT5 9HR.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Garden Office |
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Plant and machinery |
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Fixtures and fittings |
- |
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Bicycles |
- |
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Office equipment |
- |
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Defined contribution plans
4.
Staff costs
The average number of persons employed by the company during the year, including the director, amounted to 3 (2018: 3).
5.
Profit before taxation
Profit before taxation is stated after charging:
2019 |
2018 |
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£ |
£ |
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Depreciation of tangible assets |
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6.
Tangible assets
£ |
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Cost |
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At 1 April 2018 |
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Additions |
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Disposals |
(
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At 31 March 2019 |
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Depreciation |
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At 1 April 2018 |
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Charge for the year |
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Disposals |
(
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-------- |
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At 31 March 2019 |
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Carrying amount |
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At 31 March 2019 |
24,432 |
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At 31 March 2018 |
7,173 |
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7.
Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2019 |
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Balance brought forward |
Advances/ (credits) to the director |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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– |
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(
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2018 |
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Balance brought forward |
Advances/ (credits) to the director |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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– |
– |
– |
– |
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During the year the company made a loan to the director of £208,000. Interest is being charged on this loan at 2.5% and in the period to 31 March 2019 the total interest charge was £2,494. A net total of £36,999 was repaid during the year and the balance at the year end was £171,001. Since the year end a further total of £92,483 has been repaid.