Abbreviated Company Accounts - X-GRID HOLDINGS LTD

X-GRID HOLDINGS LTD - Company Information

09244046 X-GRID HOLDINGS LTD 2016-02-28 false 2014-10-01 2016-02-28 true 09244046 2014-10-01 2016-02-28 09244046 2016-02-28 09244046 uk-gaap-cd-bus:Director1 2014-10-01 2016-02-28 09244046 uk-gaap-cd-bus:Director2 2014-10-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-28 iso4217:GBP shares

Registered Number 09244046

X-GRID HOLDINGS LTD

Abbreviated Accounts

28 February 2016

X-GRID HOLDINGS LTD Registered Number 09244046

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016
		£
Current assets
Cash at bank and in hand		18,980
		18,980
Creditors: amounts falling due within one year		(3,102)
Net current assets (liabilities)		15,878
Total assets less current liabilities		15,878
Total net assets (liabilities)		15,878
Capital and reserves
Called up share capital	2	1,290
Share premium account		34,710
Profit and loss account		(20,122)
Shareholders' funds		15,878

For the year ending 28 February 2016 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 29 June 2016

And signed on their behalf by:
Mr R I Templeton, Director
Mr S E Keller, Director

X-GRID HOLDINGS LTD Registered Number 09244046

Notes to the Abbreviated Accounts for the period ended 28 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts receivable for goods andservices net of VAT and trade discounts.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £
1,290,000 Ordinary shares of £0.001 each	1,290

During the period, 1,290,000 ordinary shares were issued with a nominal value of 0.1 pence per share.