G_L_GREEN_LIMITED - Accounts

G L GREEN LIMITED - Company Information

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Company Registration No. 00709684 (England and Wales)

G L GREEN LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2014

G L GREEN LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

G L GREEN LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2014

- 1 -

2014

2013

Notes

Fixed assets

Intangible assets

25,725

30,271

Tangible assets

435

744

Investments

377,878

246,396

404,038

277,411

Current assets

Stocks

500

Debtors

42,719

125,061

Cash at bank and in hand

106,733

142,140

149,952

267,701

Creditors: amounts falling due within one year

(71,824)

(17,437)

Net current assets

78,128

250,264

Total assets less current liabilities

482,166

527,675

Capital and reserves

Called up share capital

18,002

Profit and loss account

464,164

509,673

Shareholders' funds

482,166

527,675

For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 16 October 2014

L G Davis

Director

Company Registration No. 00709684

G L GREEN LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

1/3 on cost

Fixtures and fittings

25% reducing balance

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Fixed assets

Intangible assets

Tangible assets

Investments

Total

Cost

At 1 April 2013

93,914

12,134

246,396

352,444

Additions

149,248

Disposals

(17,766)

At 31 March 2014

93,914

12,134

377,878

483,926

Depreciation

At 1 April 2013

63,643

11,390

75,033

Charge for the year

4,546

309

4,855

At 31 March 2014

68,189

11,699

79,888

Net book value

At 31 March 2014

25,725

435

377,878

404,038

At 31 March 2013

30,271

744

246,396

277,411

G L GREEN LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

2 'A' Ordinary shares of £1 each

9,010 'B' Ordinary shares of £1 each

9,010

8,990 'C' Ordinary shares of £1 each

8,990

18,002