Green Light International Limited - Limited company - abbreviated - 11.6

Green Light International Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 04588102 (England and Wales)














ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

GREEN LIGHT INTERNATIONAL LIMITED

GREEN LIGHT INTERNATIONAL LIMITED (REGISTERED NUMBER: 04588102)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Report of the Accountants 6

GREEN LIGHT INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2014







DIRECTORS: K R Yeo
B E Yeo
S Chia





SECRETARY: K R Yeo





REGISTERED OFFICE: 45 Queen Street
Deal
Kent
CT14 6EY





REGISTERED NUMBER: 04588102 (England and Wales)





ACCOUNTANTS: Higson APS Limited
45 Queen Street
Deal
Kent
CT14 6EY

GREEN LIGHT INTERNATIONAL LIMITED (REGISTERED NUMBER: 04588102)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 500 500
Tangible assets 3 594,411 490,977
594,911 491,477

CURRENT ASSETS
Stocks 551,859 397,181
Debtors 724,767 470,547
Cash at bank and in hand 186,155 243,661
1,462,781 1,111,389
CREDITORS
Amounts falling due within one year 1,376,651 1,135,289
NET CURRENT ASSETS/(LIABILITIES) 86,130 (23,900 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

681,041

467,577

PROVISIONS FOR LIABILITIES 43,205 44,488
NET ASSETS 637,836 423,089

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 637,736 422,989
SHAREHOLDERS' FUNDS 637,836 423,089

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

GREEN LIGHT INTERNATIONAL LIMITED (REGISTERED NUMBER: 04588102)

ABBREVIATED BALANCE SHEET - continued
31 DECEMBER 2014


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 14 December 2015 and were signed on its behalf by:




K R Yeo - Director



S Chia - Director


GREEN LIGHT INTERNATIONAL LIMITED (REGISTERED NUMBER: 04588102)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014

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).

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

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

Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

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

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014
and 31 December 2014 17,500
AMORTISATION
At 1 January 2014
and 31 December 2014 17,000
NET BOOK VALUE

At 31 December 2014 500
At 31 December 2013 500

GREEN LIGHT INTERNATIONAL LIMITED (REGISTERED NUMBER: 04588102)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014 1,153,786
Additions 190,596
At 31 December 2014 1,344,382
DEPRECIATION
At 1 January 2014 662,809
Charge for year 87,162
At 31 December 2014 749,971
NET BOOK VALUE
At 31 December 2014 594,411
At 31 December 2013 490,977

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100

GREEN LIGHT INTERNATIONAL LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
GREEN LIGHT INTERNATIONAL LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited
financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2014 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Higson APS Limited
45 Queen Street
Deal
Kent
CT14 6EY


Date: .............................................