91B Grosvenor Freehold Limited - Period Ending 2014-01-31

Registration number: 07504778

91B Grosvenor Freehold Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 January 2014
 

MG Group (Professional Services) Ltd
Chartered Accountants
Audit House
260 Field End Road
Eastcote
Middlesex
HA4 9LT

91B Grosvenor Freehold Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
91B Grosvenor Freehold Limited
for the Year Ended 31 January 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 91B Grosvenor Freehold Limited for the year ended 31 January 2014 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of 91B Grosvenor Freehold Limited, as a body, in accordance with the terms of our engagement letterdated 16 October 2014. Our work has been undertaken solely to prepare for your approval the accounts of 91B Grosvenor Freehold Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 91B Grosvenor Freehold Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that 91B Grosvenor Freehold Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of 91B Grosvenor Freehold Limited. You consider that 91B Grosvenor Freehold Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of 91B Grosvenor Freehold Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

MG Group (Professional Services) Ltd
Chartered Accountants
Audit House
260 Field End Road
Eastcote
Middlesex
HA4 9LT

16 October 2014

Page 1

91B Grosvenor Freehold Limited
(Registration number: 07504778)
Abbreviated Balance Sheet at 31 January 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					3			3
Current assets
Debtors					-			471
Creditors: Amounts falling due within one year					(2,675)			(2,138)
Net current liabilities					(2,675)			(1,667)
Net liabilities					(2,672)			(1,664)
Capital and reserves
Called up share capital		3			3			3
Profit and loss account					(2,675)			(1,667)
Shareholders' deficit					(2,672)			(1,664)

For the year ending 31 January 2014 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 16 October 2014 and signed on its behalf by:

.........................................
Dr Ravindra Kumar
Director

.........................................
Mr David Powell
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

91B Grosvenor Freehold Limited
Notes to the Abbreviated Accounts for the Year Ended 31 January 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 February 2013		3			3
At 31 January 2014		3			3
Depreciation
At 31 January 2014		-			-
Net book value
At 31 January 2014		3			3
At 31 January 2013		3			3

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary shares of £1 each		3			3			3			3

4	Related party transactions

Other related party transactions
During the year the company made the following related party transactions:

Dr Ravindra Kumar
(Director)
At the balance sheet date the amount due to Dr Ravindra Kumar was £1,337 (2013 - £835).
Mr David Powell
(Director)
At the balance sheet date the amount due to Mr David Powell was £1,338 (2013 - £835).

Page 3

91B Grosvenor Freehold Limited
Notes to the Abbreviated Accounts for the Year Ended 31 January 2014
......... continued

5

Control

The company is controlled by directors who own 66.67% of the called up share capital.

Page 4