Abbreviated Company Accounts - GRADEWORKS LTD

06964301 GRADEWORKS LTD 2015-03-31 false 2014-04-01 2015-03-31 true 06964301 2014-04-01 2015-03-31 06964301 2015-03-31 06964301 2014-03-31 06964301 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 06964301 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 06964301

GRADEWORKS LTD

Abbreviated Accounts

31 March 2015

GRADEWORKS LTD Registered Number 06964301

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	7,380	6,728
		7,380	6,728
Current assets
Debtors		14,974	8,988
Cash at bank and in hand		18,929	8,793
		33,903	17,781
Net current assets (liabilities)		33,903	17,781
Total assets less current liabilities		41,283	24,509
Creditors: amounts falling due after more than one year		(18,607)	(18,161)
Total net assets (liabilities)		22,676	6,348
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		22,675	6,347
Shareholders' funds		22,676	6,348

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 October 2015

And signed on their behalf by:
R Usselmann, Director

GRADEWORKS LTD Registered Number 06964301

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

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

Motor vehicles - 25% on reducing balance
Furniture and equipment -25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2014	20,840
Additions	6,503
Disposals	(12,250)
Revaluations	-
Transfers	-
At 31 March 2015	15,093
Depreciation
At 1 April 2014	14,112
Charge for the year	2,459
On disposals	(8,858)
At 31 March 2015	7,713
Net book values
At 31 March 2015	7,380
At 31 March 2014	6,728

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1