GREENLEAF_LIGHTING_LIMITE - Accounts

GREENLEAF LIGHTING LIMITED - Company Information

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Company Registration No. 06884263 (England and Wales)

GREENLEAF LIGHTING LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

GREENLEAF LIGHTING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

2,819

380

Current assets

Stocks

1,701

Debtors

78,502

137,412

Cash at bank and in hand

70,210

25,665

148,712

164,778

Creditors: amounts falling due within one year

(25,749)

(26,700)

Net current assets

122,963

138,078

Total assets less current liabilities

125,782

138,458

Provisions for liabilities

(507)

125,275

138,458

Capital and reserves

Called up share capital

Profit and loss account

125,274

138,457

Shareholders' funds

125,275

138,458

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.

Director's responsibilities:

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

The director acknowledges his 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 29 January 2016

P H Metcalfe

Director

Company Registration No. 06884263

GREENLEAF LIGHTING 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

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:

Plant and machinery

25% on a reducing balance

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

1.6

Stock and work in progress

Stock is included at the lower of cost and net realisable value. Work in progress is calculated as the costs incurred at the balance sheet date on jobs in progress.

Fixed assets

Tangible assets

Cost

At 1 May 2014

839

Additions

3,378

At 30 April 2015

4,217

Depreciation

At 1 May 2014

459

Charge for the year

939

At 30 April 2015

1,398

Net book value

At 30 April 2015

2,819

At 30 April 2014

380

GREENLEAF LIGHTING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

1 Ordinary shares of £1 each

Related party relationships and transactions

Advances and credits to directors

Advances and credits granted to the directors during the year are outlined in the table below:

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

P H Metcalfe - Director loan

85,155

484

38,000

47,639

85,155

484

38,000

47,639