Abbreviated Company Accounts - GREENER VISION LIMITED

Abbreviated Company Accounts - GREENER VISION LIMITED

GREENER VISION LIMITED - Company Information

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Registered Number 09547357

GREENER VISION LIMITED

Abbreviated Accounts

30 April 2016

GREENER VISION LIMITED Registered Number 09547357

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016
£
Current assets
Debtors 2,153
Cash at bank and in hand 237
2,390
Creditors: amounts falling due within one year (2,746)
Net current assets (liabilities) (356)
Total assets less current liabilities (356)
Total net assets (liabilities) (356)
Capital and reserves
Called up share capital 2
Profit and loss account (358)
Shareholders' funds (356)
  • For the year ending 30 April 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 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 8 January 2017

And signed on their behalf by:
ALAN FURNESS, Director

GREENER VISION LIMITED Registered Number 09547357

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Turnover policy
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.
The Company recognises revenue when:
- The amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity; and
- specific criteria have been met for each of the Company's activities.

Other accounting policies
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

2Transactions with directors

Name of director receiving advance or credit: Alan Furness
Description of the transaction: Loan less than 9 months
Balance at 17 April 2015: -
Advances or credits made: £ 2,153
Advances or credits repaid: -
Balance at 30 April 2016: £ 2,153