GRANGE_CAPITAL_LTD - Accounts

GRANGE CAPITAL LIMITED - Company Information

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Company Registration No. 09243859 (England and Wales)

GRANGE CAPITAL LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2015

GRANGE CAPITAL LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

GRANGE CAPITAL LTD

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2015

- 1 -

2015

Notes

Fixed assets

Investments

1,449,487

Current assets

Cash at bank and in hand

753,292

Creditors: amounts falling due within one year

(2,231,994)

Net current liabilities

(1,478,702)

Total assets less current liabilities

(29,215)

Capital and reserves

Called up share capital

Profit and loss account

(29,216)

Shareholders' funds

(29,215)

For the financial period ended 31 October 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 members have not required the company to obtain an audit of its financial statements for the period 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 5 April 2016

J M Farrow

Director

Company Registration No. 09243859

GRANGE CAPITAL LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 OCTOBER 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).

The financial statements have been prepared on the going concern basis dependent on the continued support of its shareholder. The director considers it appropriate to prepare the financial statements on a going concern basis.

1.2

Turnover

Turnover represents amounts receivable from investments .from investments.

1.3

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.4

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Fixed assets

Investments

Cost

At 1 October 2014

Additions

5,345,783

Disposals

(3,896,296)

At 31 October 2015

1,449,487

Share capital

2015

Allotted, called up and fully paid

1 Ordinary share of £1 each

During the year 1 ordinary share of £1 was allotted and fully paid at par.