Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
trueGreylands Investments Limited043985072016-03-31-34391-41952-33391-4095210001000-33391-40952485528492118452137451166-16430-166701643016670468567467836468567467836Basis of accounting
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
The turnover shown in the profit and loss account represents the realisable value of work undertaken during the year, exclusive of Value Added Tax.
Investment properties
Investment properties are shown in the balance sheet at carrying value. The directors consider that at the year end the market value was in excess of the cost. No depreciation is charged or provided on such properties unless they comprise leasehold properties where the unexpired term of the lease is less than 20 years.Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Going Concern
The financial statements have been prepared on the going concern basis based on discussions with the director and continued financial support from the director.
The director has confirmed that he will not call for his loan account to be repaid.
Fixtures & Fittingsstraight line0.1500Computer Equipmentstraight line0.2500475231473544168766645708956475231473544168766645708956408877399998399998399998Ordinary1000110001000Ordinary11000100010002017-01-05C N Seeleytruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureGreylands Investments Limited2015-04-012016-03-31Greylands Investments Limited2014-04-012015-03-31Greylands Investments Limited2014-03-31Greylands Investments Limited2015-03-31Greylands Investments Limited2015-03-31Greylands Investments Limited2016-03-31 2017-01-23
