Abbreviated Company Accounts - GROWTH ENTERPRISES LIMITED

GROWTH ENTERPRISES LIMITED - Company Information

06027991 GROWTH ENTERPRISES LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 06027991 2015-01-01 2015-12-31 06027991 2015-12-31 06027991 2014-12-31 06027991 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 06027991 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:Director3 2015-01-01 2015-12-31 uk-gaap-cd-bus:Director3 2015-12-31 uk-gaap-cd-bus:Director3 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 06027991

GROWTH ENTERPRISES LIMITED

Abbreviated Accounts

31 December 2015

GROWTH ENTERPRISES LIMITED Registered Number 06027991

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,720	3,154
		2,720	3,154
Current assets
Debtors	3	11,527	12,929
Cash at bank and in hand		8,472	15,923
		19,999	28,852
Creditors: amounts falling due within one year		(22,010)	(22,402)
Net current assets (liabilities)		(2,011)	6,450
Total assets less current liabilities		709	9,604
Total net assets (liabilities)		709	9,604
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		609	9,504
Shareholders' funds		709	9,604

For the year ending 31 December 2015 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 30 September 2016

And signed on their behalf by:
RH Janse van Rensburg, Director

GROWTH ENTERPRISES LIMITED Registered Number 06027991

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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
Net of VAT.

Tangible assets depreciation policy
Cost less depreciation reduced cost method.

2Tangible fixed assets

	£
Cost
At 1 January 2015	8,400
Additions	919
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	9,319
Depreciation
At 1 January 2015	5,246
Charge for the year	1,353
On disposals	-
At 31 December 2015	6,599
Net book values
At 31 December 2015	2,720
At 31 December 2014	3,154

Plant and machinery held at cost less accumulated depreciation.

3Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	11,527	12,929

Director's loan account repayable within one year and unlisted investment.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100

Ordinary shares issued and paid up in full.

5Transactions with directors

Name of director receiving advance or credit:	RH Janse van Rensburg
Description of the transaction:	Payments director made on behalf of company and vice versa.
Balance at 1 January 2015:	£ 10,816
Advances or credits made:	-
Advances or credits repaid:	£ 1,402
Balance at 31 December 2015:	£ 9,414