GREEDY BOYS LIMITED - Limited company - abbreviated - 11.6

GREEDY BOYS LIMITED - Limited company - abbreviated - 11.6


04166163 1.8.13 31.7.14 31.7.14 Company accounts Private Limited Company FY true false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure041661632013-07-31041661632014-07-31041661632013-08-012014-07-31041661632012-07-31041661632012-08-012013-07-31041661632013-07-3104166163ns12:England2013-08-012014-07-3104166163ns14:PoundSterling2013-08-012014-07-3104166163ns7:Director12013-08-012014-07-3104166163ns7:OrdinaryShareClass12013-08-012014-07-3104166163ns7:RegisteredOffice2013-08-012014-07-3104166163ns7:EntityAccountantsOrAuditors2013-08-012014-07-3104166163ns5:LandBuildings2013-08-012014-07-3104166163ns5:PlantMachinery2013-08-012014-07-3104166163ns7:OrdinaryShareClass12014-07-3104166163ns7:OrdinaryShareClass12013-07-31
REGISTERED NUMBER: 04166163 (England and Wales)










Abbreviated Unaudited Accounts for the Year Ended 31 July 2014

for

GREEDY BOYS LIMITED

GREEDY BOYS LIMITED (Registered number: 04166163)






Contents of the Abbreviated Accounts
for the Year Ended 31 July 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

GREEDY BOYS LIMITED

Company Information
for the Year Ended 31 July 2014







DIRECTOR: P Mapp





REGISTERED OFFICE: 75 Springfield Road
Chelmsford
Essex
CM2 6JB





REGISTERED NUMBER: 04166163 (England and Wales)





ACCOUNTANTS: NSO Associates LLP
75 Springfield Road
Chelmsford
Essex
CM2 6JB

GREEDY BOYS LIMITED (Registered number: 04166163)

Abbreviated Balance Sheet
31 July 2014

31.7.13 31.7.14
£    £    Notes £    £   
FIXED ASSETS
1 Intangible assets 2 1
90,841 Tangible assets 3 73,002
90,842 73,003

CURRENT ASSETS
20,793 Stocks 19,148
34,535 Debtors 29,668
22,617 Cash at bank and in hand 50,577
77,945 99,393
CREDITORS
328,323 Amounts falling due within one year 326,843
(250,378 ) NET CURRENT LIABILITIES (227,450 )
(159,536 ) TOTAL ASSETS LESS CURRENT
LIABILITIES

(154,447
)

CREDITORS
200,000 Amounts falling due after more than one year 200,000
(359,536 ) NET LIABILITIES (354,447 )

CAPITAL AND RESERVES
100 Called up share capital 4 100
(359,636 ) Profit and loss account (354,547 )
(359,536 ) SHAREHOLDERS' FUNDS (354,447 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

GREEDY BOYS LIMITED (Registered number: 04166163)

Abbreviated Balance Sheet - continued
31 July 2014


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 23 April 2015 and were signed by:





P Mapp - Director


GREEDY BOYS LIMITED (Registered number: 04166163)

Notes to the Abbreviated Accounts
for the Year Ended 31 July 2014

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, 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.

Land and buildings - 10% on cost
Plant and machinery etc - 33% on cost and 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the
lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2013
and 31 July 2014 1
NET BOOK VALUE

At 31 July 2014 1
At 31 July 2013 1

GREEDY BOYS LIMITED (Registered number: 04166163)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 July 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2013 368,295
Additions 1,288
Disposals (27,904 )
At 31 July 2014 341,679
DEPRECIATION
At 1 August 2013 277,454
Charge for year 19,127
Eliminated on disposal (27,904 )
At 31 July 2014 268,677
NET BOOK VALUE
At 31 July 2014 73,002
At 31 July 2013 90,841

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.14 31.7.13
value: £    £   
100 Ordinary £1 100 100