| GRACECHURCH RETAIL DEVELOPMENTS LIMITED |
| Registered number: |
04798498 |
| Abbreviated Balance Sheet |
| as at 30 June 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Current assets |
| Stocks |
|
|
1,603,000 |
|
|
1,603,000 |
| Debtors |
|
|
498,881 |
|
|
498,881 |
| Cash at bank and in hand |
|
|
32 |
|
|
10,150 |
|
|
|
2,101,913 |
|
|
2,112,031 |
|
| Creditors: amounts falling due within one year |
|
|
(960,164) |
|
|
(974,350) |
|
| Net current assets |
|
|
|
1,141,749 |
|
|
1,137,681 |
|
| Total assets less current liabilities |
|
|
|
1,141,749 |
|
|
1,137,681 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(1,500,000) |
|
|
(1,500,000) |
|
|
|
| Net liabilities |
|
|
|
(358,251) |
|
|
(362,319) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
2 |
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
(359,251) |
|
|
(363,319) |
|
| Shareholders' funds |
|
|
|
(358,251) |
|
|
(362,319) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr Manoj Kumar Saluja |
| Director |
| Approved by the board on 24 February 2016 |
|
| GRACECHURCH RETAIL DEVELOPMENTS LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1,000 |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
