Abbreviated Company Accounts - GRECKO LIMITED

Registered Number 07303904

GRECKO LIMITED

Abbreviated Accounts

31 March 2015

GRECKO LIMITED Registered Number 07303904

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,783	1,977
		1,783	1,977
Current assets
Debtors		13,767	10,500
Cash at bank and in hand		5,663	1,508
		19,430	12,008
Creditors: amounts falling due within one year		(8,712)	(2,208)
Net current assets (liabilities)		10,718	9,800
Total assets less current liabilities		12,501	11,777
Total net assets (liabilities)		12,501	11,777
Capital and reserves
Called up share capital		100	100
Profit and loss account		12,401	11,677
Shareholders' funds		12,501	11,777

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 17 November 2015

And signed on their behalf by:
MIXALIS MARATHEFTIS, Director

GRECKO LIMITED Registered Number 07303904

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 services, 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:

Computer equipment - 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2014	4,165
Additions	400
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	4,565
Depreciation
At 1 April 2014	2,188
Charge for the year	594
On disposals	-
At 31 March 2015	2,782
Net book values
At 31 March 2015	1,783
At 31 March 2014	1,977