Greenfield West Lavington Limited - Limited company accounts 11.9

REGISTERED NUMBER: 08657916 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2015

FOR

GREENFIELD WEST LAVINGTON LIMITED

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

Mr J J Grew

Mr J M Miles-Hobbs

Mr A R Morton

SECRETARY:

Mrs B C Wood

REGISTERED OFFICE:

Russell Cottage

Stibb Hill

West Lavington

Devizes

Wiltshire

SN10 4LQ

REGISTERED NUMBER:

08657916 (England and Wales)

ACCOUNTANTS:

Barbara Wood

Woodpecker Services Limited

Russell Cottage

Stibb Hill

West Lavington

Wiltshire

SN10 4LQ

The directors present their report with the financial statements of the company for the year ended 31 August 2015.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the ownership and management of communal

land

DIRECTORS

The directors shown below have held office during the whole of the period from 1 September 2014 to the date of this

report.

Mr J J Grew

Mr J M Miles-Hobbs

Mr A R Morton

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

Mr J J Grew - Director

13 December 2016

TURNOVER

759

349

Administrative expenses

806

822

OPERATING LOSS

2

(47

)

(473

)

Interest receivable and similar income

1

274

LOSS ON ORDINARY ACTIVITIES BEFORE TAXATION

(46

)

(199

)

Tax on loss on ordinary activities

3

-

-

LOSS FOR THE FINANCIAL YEAR

(46

)

(199

)

FIXED ASSETS

Intangible assets

4

1,085

690

Tangible assets

5

87,723

87,723

88,808

88,413

CURRENT ASSETS

Prepayments and accrued income

-

619

Cash at bank

2,195

1,983

2,195

2,602

CREDITORS

Amounts falling due within one year

6

121

87

NET CURRENT ASSETS

2,074

2,515

TOTAL ASSETS LESS CURRENT LIABILITIES

90,882

90,928

CAPITAL AND RESERVES

Called up share capital

7

91,127

91,127

Profit and loss account

8

(245

)

(199

)

SHAREHOLDERS' FUNDS

90,882

90,928

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 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.

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 13 December 2016 and were signed on its behalf by:

Mr J J Grew - Director

Mr J M Miles-Hobbs - Director

Mr A R Morton - Director

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 services, 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.

Deferred tax

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

sheet date.

2.	OPERATING LOSS

The operating loss is stated after charging:

Period

20.8.13

Year Ended

to

31.8.15

31.8.14

£

£

Directors' remuneration and other benefits etc

-

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 31 August 2015 nor for the

period ended 31 August 2014.

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2014

690

Additions

395

At 31 August 2015

1,085

NET BOOK VALUE

At 31 August 2015

1,085

At 31 August 2014

690

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 September 2014

and 31 August 2015

87,723

NET BOOK VALUE

At 31 August 2015

87,723

At 31 August 2014

87,723

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.15

31.8.14

£

£

Trade creditors

21

-

Other creditors

100

87

121

87

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

£

27

Ordinary

£1

91,127

91,127

8.

RESERVES

Profit

and loss

account

£

At 1 September 2014

(199

)

Deficit for the year

(46

)

At 31 August 2015

(245

)