Griffin House Consultancy Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09028231 (England and Wales)

GRIFFIN HOUSE CONSULTANCY LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

5

DIRECTORS:

P G Adams

M J Martin

SECRETARY:

M J Martin

REGISTERED OFFICE:

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

REGISTERED NUMBER:

09028231 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

FIXED ASSETS

Tangible assets

2

706

325

CURRENT ASSETS

Debtors

16,387

4,121

Cash at bank and in hand

2,563

2,070

18,950

6,191

CREDITORS

Amounts falling due within one year

41,721

17,530

NET CURRENT LIABILITIES

(22,771

)

(11,339

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(22,065

)

(11,014

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(22,067

)

(11,016

)

SHAREHOLDERS' FUNDS

(22,065

)

(11,014

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 16 December 2016 and were signed on its behalf
by:

M J Martin - Director

P G Adams - 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 January 2015).

Turnover

Turnover represents amounts chargeable to clients for professional services provided during the year,

excluding value added tax. Revenue is recognised in the period in which the services are performed.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Going concern

During the year to 31 March 2016 the company sustained a loss of £11,051 (2015: £11,016) and at that date its

liabilities exceeded its assets by £22,065 (2015: £11,014). The company is reliant upon the ongoing support of

its directors. The directors considers the going concern basis of accounting to be appropriate for the business

and in these financial statements.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

406

Additions

604

At 31 March 2016

1,010

DEPRECIATION

At 1 April 2015

81

Charge for year

223

At 31 March 2016

304

NET BOOK VALUE

At 31 March 2016

706

At 31 March 2015

325

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

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 four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Griffin House Consultancy Limited for the year ended 31 March 2016 which comprise the Profit

and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Griffin House Consultancy Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Griffin House Consultancy Limited and state those matters that we have agreed to state to the Board of Directors of Griffin House Consultancy Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Griffin House Consultancy Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Griffin House Consultancy Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Griffin House Consultancy Limited. You consider that Griffin House Consultancy Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Griffin House Consultancy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

16 December 2016