Reveal GRP Limited - Period Ending 2016-03-31

Registration number: 06193687

Reveal GRP Limited

Unaudited Abbreviated Accounts

for the year ended 31 March 2016
 

ReesRussell LLP
Chartered Accountants
37 Market Square
Witney
Oxfordshire
OX28 6RE

Reveal GRP Limited
(Registration number: 06193687)
Unaudited financial statements
Abbreviated balance sheet as at 31 March 2016

		Note			2016						2015
	£			£			£			£
Current assets
Cash at bank and in hand								191						546
Creditors: Amounts falling due within one year								(109,602)						(109,072)
Net liabilities								(109,411)						(108,526)
Capital and reserves
Called up share capital		2			90,100						90,100
Profit and loss account					(199,511)						(198,626)
Shareholders' deficit								(109,411)						(108,526)

For the year ending 31 March 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 director acknowledges his 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 director on 29 October 2016

I R Crouch
Director

The notes on page 2 form an integral part of these financial statements.
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Reveal GRP Limited
Unaudited financial statements
Notes to the abbreviated accounts for the year ended 31 March 2016

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Going concern

The company has not traded in the year as the economic climate, though improving, has not picked up sufficiently for the company to re-commence its activities. The main creditors of the company have agreed to waive any repayment of their loans until such time as the company commences to trade again. For this reason the accounts have been prepared on a going concern basis.

2	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		90,100			90,100			90,100			90,100

3

Control

The company is controlled by Gavison Limited the ultimate parent company registered in Hong Kong.

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