GR SVILUPPO UK LTD - Limited company - abbreviated - 11.0.0

GR SVILUPPO UK LTD - Limited company - abbreviated - 11.0.0


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REGISTERED NUMBER: 07211627 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

GR SVILUPPO UK LTD

GR SVILUPPO UK LTD (Registered number: 07211627)






Contents of the Abbreviated Accounts
for the Year Ended 31 December 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

GR SVILUPPO UK LTD

Company Information
for the Year Ended 31 December 2013







DIRECTOR: Mr A Ravecca





REGISTERED OFFICE: 20 Egerton Close
Pinner
Middlesex
HA5 2LP





REGISTERED NUMBER: 07211627 (England and Wales)





ACCOUNTANTS: Soneji & Co Ltd
20 Egerton Close
Pinner
Middlesex
HA5 2LP

GR SVILUPPO UK LTD (Registered number: 07211627)

Abbreviated Balance Sheet
31 December 2013

31.12.13 31.12.12
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 230,666 228,618

CURRENT ASSETS
Stocks 8,500 10,000
Debtors 81,992 75,013
Cash at bank and in hand 106,615 18,360
197,107 103,373
CREDITORS
Amounts falling due within one year 1,032,224 770,106
NET CURRENT LIABILITIES (835,117 ) (666,733 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(604,451
)
(438,115
)

CAPITAL AND RESERVES
Called up share capital 3 5,000 5,000
Profit and loss account (609,451 ) (443,115 )
SHAREHOLDERS' FUNDS (604,451 ) (438,115 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 15 September 2014 and were signed by:





Mr D Ceccarelli - Director


GR SVILUPPO UK LTD (Registered number: 07211627)

Notes to the Abbreviated Accounts
for the Year Ended 31 December 2013

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 January 2013 323,220
Additions 57,316
At 31 December 2013 380,536
DEPRECIATION
At 1 January 2013 94,602
Charge for year 55,268
At 31 December 2013 149,870
NET BOOK VALUE
At 31 December 2013 230,666
At 31 December 2012 228,618

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.13 31.12.12
value: £    £   
5,000 Ordinary 1 5,000 5,000