R M Grocott-Mason Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07212967 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2016

for

R M Grocott-Mason Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R M Grocott-Mason

SECRETARY:

Mrs P J Grocott-Mason

REGISTERED OFFICE:

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

REGISTERED NUMBER:

07212967 (England and Wales)

ACCOUNTANTS:

Stanbridge Associates Limited

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

FIXED ASSETS

Tangible assets

2

1,199

-

CURRENT ASSETS

Debtors

-

1,051

Prepayments and accrued income

-

500

Cash at bank and in hand

1,171

5,555

1,171

7,106

CREDITORS

Amounts falling due within one year

2,227

1,185

NET CURRENT (LIABILITIES)/ASSETS

(1,056

)

5,921

TOTAL ASSETS LESS CURRENT
LIABILITIES

143

5,921

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

43

5,821

SHAREHOLDERS' FUNDS

143

5,921

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 26 January 2017 and were signed by:

R M Grocott-Mason - 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 trading income accrued during the period shown by these financial

statements.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Deferred tax

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

reversed at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which

they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,799

At 30 April 2016

1,799

DEPRECIATION

Charge for year

600

At 30 April 2016

600

NET BOOK VALUE

At 30 April 2016

1,199

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100