GRILLSTREAM_LIMITED - Accounts

GRILLSTREAM LIMITED - Company Information

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Company Registration No. 06878750 (England and Wales)

GRILLSTREAM LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2015

GRILLSTREAM LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

GRILLSTREAM LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2015

- 1 -

2015

2014

Notes

Fixed assets

Intangible assets

59,549

Current assets

Debtors

2,716

Cash at bank and in hand

1,175

3,891

Creditors: amounts falling due within one year

(15,772)

Net current liabilities

(11,881)

Total assets less current liabilities

47,668

Provisions for liabilities

(7,750)

39,918

Capital and reserves

Called up share capital

150

Profit and loss account

39,768

Shareholders' funds

39,918

For the financial year ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 15 January 2016

Mr P K Neath

Director

Company Registration No. 06878750

GRILLSTREAM LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Patents

Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

Straight line over 3 years

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 May 2014 & at 30 April 2015

98,205

208

98,413

Depreciation

At 1 May 2014 & at 30 April 2015

38,656

208

38,864

Net book value

At 30 April 2015

59,549

At 30 April 2014

59,549

Share capital

2015

2014

Allotted, called up and fully paid

150 Ordinary shares of £1 each

150