Grease Junkie.Com Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09231486 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 23 September 2014 to 31 October 2015

for

Grease Junkie.Com Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

E China

Mrs I China

REGISTERED OFFICE:

Unit 31 Basepoint Business Centre

1 Winnall Valley Road

Winchester

Hampshire

SO23 0LD

REGISTERED NUMBER:

09231486 (England and Wales)

ACCOUNTANTS:

Poolemead Accountants (Winchester) Ltd

31 Basepoint Business Centre

1 Winnall Valley Road

Winchester

Hampshire

SO23 0LD

CURRENT ASSETS

Stocks

2,568

Debtors

433

Cash at bank

492

3,493

CREDITORS

Amounts falling due within one year

3,462

NET CURRENT ASSETS

31

TOTAL ASSETS LESS CURRENT LIABILITIES

31

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

(69

)

SHAREHOLDERS' FUNDS

31

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 24 June 2016 and were signed on its behalf by:

E China - Director

Mrs I China - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the

company qualifies as a small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary shares of one pound

£1

100

100 Ordinary shares of one pound shares of £1 each were allotted and fully paid for cash at par

during the period.