Grantbourne Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07584319 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

FOR

GRANTBOURNE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R J Lamplough

REGISTERED OFFICE:

1 Carnegie Road

Newbury

Berkshire

RG14 5DJ

REGISTERED NUMBER:

07584319 (England and Wales)

ACCOUNTANTS:

Banks & Co Limited

Chartered Certified Accountants

1 Carnegie Road

Newbury

Berkshire

RG14 5DJ

BANKERS:

Clydesdale Bank

35 Regent Street

London

SW1Y 4ND

CURRENT ASSETS

Stocks

-

130,058

Debtors

12,514

25,734

Cash at bank

8,172

943

20,686

156,735

CREDITORS

Amounts falling due within one year

200,273

269,301

NET CURRENT LIABILITIES

(179,587

)

(112,566

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(179,587

)

(112,566

)

CAPITAL AND RESERVES

Called up share capital

4

1

1

Retained earnings

(179,588

)

(112,567

)

SHAREHOLDERS' FUNDS

(179,587

)

(112,566

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 March 2021 and were signed by:

R J Lamplough - Director

1.	STATUTORY INFORMATION

Grantbourne Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 07584319 and its registered office address is 1 Carnegie Road, Newbury, Berkshire, RG14 5DJ.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Stock is valued at the lower of cost and net realisable value. Cost includes the property purchase price and directly related development expenditure, relating to the remaining plots of land.

Going concern

The company meets its day to day cash requirements through a normal banking relationship together with the continuing support of the Director. The Director has indicated that he will not seek repayment of his Directors account within the foreseeable future. Accordingly the Director continues to adopt the going concern basis in preparing the accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

1

Ordinary

£1

1

1