Grange Ornamental Stone Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: SC227073 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2014

for

Grange Ornamental Stone Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

R G Dodd

Mrs S M Dodd

SECRETARY:

Mrs S M Dodd

REGISTERED OFFICE:

Greenbrae

Irvington

Kirkpatrick Fleming

Lockerbie

Dumfries & Galloway

DG11 3NE

REGISTERED NUMBER:

SC227073 (Scotland)

ACCOUNTANTS:

CMCA Accounting

25A Buccleuch Street

Dumfries

Dumfries & Galloway

DG1 2AT

FIXED ASSETS

13,835

Tangible assets

2

10,310

CURRENT ASSETS

4,500

Stocks

2,000

3,119

Debtors

6,551

4,807

Cash at bank and in hand

1,958

12,426

10,509

CREDITORS

5,707

Amounts falling due within one year

4,549

6,719

NET CURRENT ASSETS

5,960

20,554

TOTAL ASSETS LESS CURRENT LIABILITIES

16,270

1,530

PROVISIONS FOR LIABILITIES

1,048

19,024

NET ASSETS

15,222

CAPITAL AND RESERVES

100

Called up share capital

3

100

9,900

Share premium

9,900

9,024

Profit and loss account

5,222

19,024

SHAREHOLDERS' FUNDS

15,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 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 29 August 2014 and were signed on its behalf by:

R G Dodd - 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 April 2008).

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

67,741

Additions

292

Disposals

(29,203

)

At 31 January 2014

38,830

DEPRECIATION

At 1 February 2013

53,906

Charge for year

1,823

Eliminated on disposal

(27,209

)

At 31 January 2014

28,520

NET BOOK VALUE

At 31 January 2014

10,310

At 31 January 2013

13,835

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.14

31.1.13

value:

£

£

100

Ordinary

£1

100

100

4.	ULTIMATE CONTROLLING PARTY

Mr and Mrs Dodd hold 100% of the issued share capital and therefore have overall control of the company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31 January 2014 set out on pages two to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

CMCA Accounting

25A Buccleuch Street

Dumfries

Dumfries & Galloway

DG1 2AT

29 August 2014