Greenfort Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07435092 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2014

for

GREENFORT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr J Wyncoll

Mrs S Wyncoll

SECRETARY:

Mrs S Wyncoll

REGISTERED OFFICE:

c/o BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

REGISTERED NUMBER:

07435092 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

FIXED ASSETS

Intangible assets

2

1,112

1,334

Tangible assets

3

121

241

1,233

1,575

CURRENT ASSETS

Debtors

115

140

Cash at bank

34

6

149

146

CREDITORS

Amounts falling due within one year

15,210

12,533

NET CURRENT LIABILITIES

(15,061

)

(12,387

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(13,828

)

(10,812

)

CAPITAL AND RESERVES

Called up share capital

4

202

202

Profit and loss account

(14,030

)

(11,014

)

SHAREHOLDERS' FUNDS

(13,828

)

(10,812

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors on 23 July 2015 and were signed on its behalf by:

Mr J Wyncoll - Director

Mrs S Wyncoll - Director

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).

Amortisation of intangible fixed assets

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful

economic life of that asset as follows:

Patent Straight line over 9 years

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual

arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any

contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

and 30 November 2014

2,001

AMORTISATION

At 1 December 2013

667

Amortisation for year

222

At 30 November 2014

889

NET BOOK VALUE

At 30 November 2014

1,112

At 30 November 2013

1,334

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

and 30 November 2014

362

DEPRECIATION

At 1 December 2013

121

Charge for year

120

At 30 November 2014

241

NET BOOK VALUE

At 30 November 2014

121

At 30 November 2013

241

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

200

Ordinary A shares

£1

200

200

2

Ordinary B shares

£1

2

2

202

202

5.	BASIS OF PREPARATION

The financial statements have been prepared on a going concern basis, the applicability of which is dependent

upon the continued support of its creditors and financiers. At the balance sheet date the company had net

liabilities of £13,518 and a reported loss of £2,706. In the opinion of the directors, the company has the support

of its creditors and financiers for the foreseeable future and it is therefore appropriate to adopt the going concern

basis.