Abbreviated Company Accounts - GROVEPALM LIMITED

Registered Number 02863657

GROVEPALM LIMITED

Abbreviated Accounts

31 October 2014

GROVEPALM LIMITED Registered Number 02863657

Abbreviated Balance Sheet as at 31 October 2014

	2014	2013
	£	£
Current assets
Debtors	471,327	649,355
Cash at bank and in hand	86	220
	471,413	649,575
Creditors: amounts falling due within one year	(1,380)	(1,200)
Net current assets (liabilities)	470,033	648,375
Total assets less current liabilities	470,033	648,375
Total net assets (liabilities)	470,033	648,375
Reserves
Income and expenditure account	470,033	648,375
Members' funds	470,033	648,375

For the year ending 31 October 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 3 February 2016

And signed on their behalf by:
JOSEPH LIPSCHITZ, Director

GROVEPALM LIMITED Registered Number 02863657

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards and the requirements of the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005).

Cash flow statement

The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the company is small.

Other accounting policies
Fixed assets

All fixed assets are initially recorded at cost.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.