GROWN_IN_BRITAIN_LTD - Accounts

GROWN IN BRITAIN LTD - Company Information

Print Friendly Version

Company Registration No. SC453805 (Scotland)

GROWN IN BRITAIN LTD

LIMITED BY GUARANTEE

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2015

GROWN IN BRITAIN LTD

LIMITED BY GUARANTEE

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

GROWN IN BRITAIN LTD

LIMITED BY GUARANTEE

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2015

- 1 -

2015

2014

Notes

Current assets

Debtors

30,711

10,022

Cash at bank and in hand

26,989

26,095

57,700

36,117

Creditors: amounts falling due within one year

(54,138)

(34,670)

Total assets less current liabilities

3,562

1,447

Capital and reserves

Profit and loss account

3,562

1,447

Shareholders' funds

3,562

1,447

For the financial year ended 31 July 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 and authorised for issue on 7 April 2016

S A Goodall

Director

Company Registration No. SC453805

GROWN IN BRITAIN LTD

LIMITED BY GUARANTEE

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

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 services, donations and support fees net of VAT and trade discounts.

1.4

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.

Limited by Guarantee

The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.