Grey Pound Limited - Filleted accounts

Registered number

11629478

Grey Pound Limited

Filleted Accounts

31 October 2019

Grey Pound Limited		Registered number
Balance Sheet					11629478
as at 31 October 2019


Notes				2019
£
Current assets
Cash at bank and in hand			985

Creditors: amounts falling due within one year	2		(1,641)

Net current liabilities				(656)

Net liabilities				(656)

Capital and reserves
Called up share capital				2
Profit and loss account				(658)

Shareholders' funds				(656)



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.
The 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M Fitzgerald
Director
Approved by the board on 16 October 2020

Grey Pound Limited
Notes to the Accounts
for the period from 18 October 2018 to 31 October 2019


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, as applied to small entities by section 1A of the standard.

	Going concern basis
	The accounts have been prepared on the going concern basis. The directors believe this basis to be appropriate since, although the company had net liabilities at the balance sheet date, it is assumed that the company's directors and creditors will continue to provide such financial support to the company as is necessary for it to continue operating.

	Turnover
	Turnover represents fees and commission receivable.



2	Creditors: amounts falling due within one year	2019
£

	Other creditors	1,641



3	Employees	2019
Number

	Average number of employees	2



4	Controlling parties

	At 31 October 2019 the company was controlled by the directors, who between them owned the company's entire issued share capital.



5	Other information

	Grey Pound Limited is a private company limited by shares and incorporated in England. Its registered office is 1 Britten Close, Langdon Hills, Basildon, Essex SS16 6TB.