Abbreviated Company Accounts - GRANDIOSE INVESTMENTS LIMITED

GRANDIOSE INVESTMENTS LIMITED - Company Information

03871117 GRANDIOSE INVESTMENTS LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 03871117 2014-12-01 2015-11-30 03871117 2015-11-30 03871117 2014-11-30 03871117 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 03871117 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number 03871117

GRANDIOSE INVESTMENTS LIMITED

Abbreviated Accounts

30 November 2015

GRANDIOSE INVESTMENTS LIMITED Registered Number 03871117

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,257,594	2,257,806
Investments	3	10,464	10,464
		2,268,058	2,268,270
Current assets
Debtors		24,856	28,467
Cash at bank and in hand		18,493	183,715
		43,349	212,182
Creditors: amounts falling due within one year	4	(79,108)	(16,234)
Net current assets (liabilities)		(35,759)	195,948
Total assets less current liabilities		2,232,299	2,464,218
Creditors: amounts falling due after more than one year	4	(1,335,786)	(1,411,301)
Total net assets (liabilities)		896,513	1,052,917
Capital and reserves
Called up share capital	5	100	100
Revaluation reserve		530,398	530,398
Profit and loss account		366,015	522,419
Shareholders' funds		896,513	1,052,917

For the year ending 30 November 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 25 November 2016

And signed on their behalf by:
N J Underwood, Director

GRANDIOSE INVESTMENTS LIMITED Registered Number 03871117

Notes to the Abbreviated Accounts for the period ended 30 November 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
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 33.33% straight line

2Tangible fixed assets

	£
Cost
At 1 December 2014	2,258,019
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	2,258,019
Depreciation
At 1 December 2014	213
Charge for the year	212
On disposals	-
At 30 November 2015	425
Net book values
At 30 November 2015	2,257,594
At 30 November 2014	2,257,806

3Fixed assets Investments
Stated at cost:

Opening Balance 10,464

Additions 204,600

Disposals (204,600)

Closing Balance 10,464

4Creditors

	2015 £	2014 £
Secured Debts	994,689	1,008,877

5Called Up Share Capital
Allotted, called up and fully paid:

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