Greenberg Home Counties Development - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06427620 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2014

FOR

GREENBERG HOME COUNTIES DEVELOPMENT

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Taskin Izzet

SECRETARY:

Mrs Sonbil Izzet

REGISTERED OFFICE:

Unit 003

Parma House

Clarendon Road

London

N22 6UL

REGISTERED NUMBER:

06427620 (England and Wales)

ACCOUNTANTS:

Fordhams & Co.

Chartered Accountants

Unit 003

Parma House

Clarendon Road

London

N22 6UL

CREDITORS

Amounts falling due within one year

22,768

22,768

NET CURRENT LIABILITIES

(22,768

)

(22,768

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(22,768

)

(22,768

)

CREDITORS

Amounts falling due after more than one year

518,624

518,624

NET LIABILITIES

(541,392

)

(541,392

)

CAPITAL AND RESERVES

Called up share capital

2

2

2

Profit and loss account

(541,394

)

(541,394

)

SHAREHOLDERS' FUNDS

(541,392

)

(541,392

)

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 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 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 director on 22 December 2015 and were signed by:

Taskin Izzet - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

The company was dormant throughout the year ended 30 November 2014. However, reference to information

relating to the year ended 30 November 2013 has been made where appropriate.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents gross rents received net of Value Added Tax where applicable.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

2

ordinary shares

£1

2

2

3.	RELATED PARTY DISCLOSURES

Taskin Izzet

Shareholder and director

Interest free loan to the company

30.11.14

30.11.13

£

£

Amount due to related party at the balance sheet date

338,301

518,624

Park Lane Developments London Limited

Associated company

Interest free inter-company loan

30.11.14

30.11.13

£

£

Amount due from related party at the balance sheet date

180,323

-

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Taskin Izzet.

Mr T Izzet is the only director and controlling party of the company by virtue of owning 100% of the issued

share capital.