Grey Pocket Limited - Abbreviated accounts

Registered number

08848534

Grey Pocket Limited

Abbreviated Accounts

31 January 2015

N. Russell & Co Limited

Chartered Certified Accountants

Baywood

4 Brittains Lane

Sevenoaks

Kent

TN13 2ND

Grey Pocket Limited
Registered number:		08848534
Abbreviated Balance Sheet
as at 31 January 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		4,658			-

Current assets
Debtors		24,522			-
Cash at bank and in hand		3,928			-
		28,450			-

Creditors: amounts falling due within one year		(32,068)			-

Net current liabilities			(3,618)			-

Total assets less current liabilities			1,040			-


Provisions for liabilities			(932)			-


Net assets			108			-

Capital and reserves
Called up share capital	3		100			-
Profit and loss account			8			-

Shareholders' funds			108			-

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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



S T Winters					J R Allen
Director					Director
Approved by the board and authorised for issue on 23 February 2015

Grey Pocket Limited
Notes to the Abbreviated Accounts
for the period ended 31 January 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			33.33% straight line

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	Additions					5,267
	At 31 January 2015					5,267

	Depreciation
	Charge for the period					609
	At 31 January 2015					609

	Net book value
	At 31 January 2015					4,658


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		-

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		100		100