Greylands Investments Limited Filleted accounts for Companies House (small and micro)
Greylands Investments Limited Filleted accounts for Companies House (small and micro)
STATEMENT OF CONSENT TO PREPARE ABRIDGED FINANCIAL STATEMENTS |
COMPANY REGISTRATION NUMBER:
04398507
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FOR THE YEAR ENDED |
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REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ABRIDGED FINANCIAL STATEMENTS OF
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YEAR ENDED 31 MARCH 2023
Lifford Hall
Lifford Lane
Kings Norton
Birmingham
B30 3JN
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ABRIDGED STATEMENT OF FINANCIAL POSITION |
2023 |
2022 |
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Note |
£ |
£ |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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Investments |
5 |
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Current assets
Cash at bank and in hand |
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– |
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Creditors: amounts falling due within one year |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Net liabilities |
(
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(
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Capital and reserves
Called up share capital |
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Profit and loss account |
(
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(
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Shareholders deficit |
(
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(
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Director's responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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ABRIDGED STATEMENT OF FINANCIAL POSITION (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
21 December 2023
, and are signed on behalf of the board by:
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Director |
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Company registration number:
04398507
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NOTES TO THE ABRIDGED FINANCIAL STATEMENTS |
YEAR ENDED 31 MARCH 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 121 Wheelwright Road, Birmingham, B24 8EZ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office Equipment |
- |
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Fixtures and fittings |
- |
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Computer equipment |
- |
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Financial instruments
4.
Tangible assets
£ |
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Cost |
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At 1 April 2022 and 31 March 2023 |
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Depreciation |
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At 1 April 2022 |
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Charge for the year |
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At 31 March 2023 |
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Carrying amount |
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At 31 March 2023 |
319 |
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At 31 March 2022 |
481 |
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5.
Investments
£ |
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Cost |
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At 1 April 2022 and 31 March 2023 |
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Impairment |
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At 1 April 2022 and 31 March 2023 |
– |
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Carrying amount |
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At 31 March 2023 |
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At 31 March 2022 |
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6.
Contingencies
The amount due to Lendinvest Btl Limited is secured by a fixed charge on the investment property owned by the company in respect to which the loan was granted. There is a fixed and floating charge over all the assets of the company for all monies due in favour of Barclays Bank Plc dated 11 April 2008.
7.
Director's advances, credits and guarantees
Amounts owed to the director at the balance sheet date are included in creditors and totalled £42,126 (2022 £16,600).