Griefmay Limited - Limited company accounts 16.1

REGISTERED NUMBER: 01427445 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2016

for

Griefmay Limited

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

Ms. P J Ridley

Ms L E Kelly

Mr R Lipsitz

Dr G Mancini

SECRETARY:

Mr P W Bennett

REGISTERED OFFICE:

336a Regents Park Road

London

N3 2LN

REGISTERED NUMBER:

01427445 (England and Wales)

The directors present their report with the financial statements of the company for the year ended 31 March 2016.

DIRECTORS

The directors during the year under review were:

Ms. P J Ridley

Ms L E Kelly

Mr R Lipsitz

Dr G Mancini

The beneficial interests of the directors holding office on 31 March 2016 in the

issued share capital of the company were as follows:

31.3.16

1.4.15

Ordinary £1.00 shares

Ms. P J Ridley

1

1

Ms L E Kelly

-

-

Mr R Lipsitz

1

1

Dr G Mancini

-

-

This report has been prepared in accordance with the provisions of Part 15 of

the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Dr G Mancini - Director

22 December 2016

TURNOVER

-

-

Administrative expenses

8,859

9,471

(8,859

)

(9,471

)

Other operating income

8,826

9,459

OPERATING LOSS

2

(33

)

(12

)

Interest receivable and similar income

33

12

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

-

-

Tax on profit on ordinary activities

3

-

-

PROFIT FOR THE FINANCIAL YEAR

-

-

Deficit brought forward

(176

)

(176

)

DEFICIT CARRIED FORWARD

(176

)

(176

)

CONTINUING OPERATIONS

None of the company's activities were acquired or discontinued during the

current year or previous year.

TOTAL RECOGNISED GAINS AND LOSSES

The company has no recognised gains or losses for the current year or previous

year.

CURRENT ASSETS

Debtors

4

8

8

Cash at bank

15,270

16,626

15,278

16,634

CREDITORS

Amounts falling due within one year

5

15,446

16,802

NET CURRENT LIABILITIES

(168

)

(168

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(168

)

(168

)

CAPITAL AND RESERVES

Called up share capital

6

8

8

Profit and loss account

(176

)

(176

)

SHAREHOLDERS' FUNDS

7

(168

)

(168

)

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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 December 2016 and were signed on its behalf by:

Dr G Mancini - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost

convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the

grounds that the company qualifies as a small company.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have

originated but not reversed at the balance sheet date.

2.	OPERATING LOSS

The operating loss is stated after charging:

31.3.16

31.3.15

£

£

Directors' remuneration and other benefits etc

-

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the

year ended 31 March 2016 nor for the year ended 31 March 2015.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.16

31.3.15

£

£

Debtors

8

8

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.16

31.3.15

£

£

Lessees current account

14,786

16,142

Accrued expenses

660

660

15,446

16,802

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

8

Ordinary

£1.00

8

8

7.	RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS

31.3.16

31.3.15

£

£

Profit for the financial year

-

-

Opening shareholders' funds

(168

)

(168

)

Closing shareholders' funds

(168

)

(168

)