Greene Works Limited - Abbreviated accounts 16.3
Greene Works Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 August 2016 |
| for |
| Greene Works Limited |
| Greene Works Limited (Registered number: 08655010) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 August 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Greene Works Limited |
| Company Information |
| for the Year Ended 31 August 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Greene Works Limited (Registered number: 08655010) |
| Abbreviated Balance Sheet |
| 31 August 2016 |
| 31.8.16 | 31.8.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| PROVISIONS FOR LIABILITIES |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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 financial statements were approved by the director on |
| Greene Works Limited (Registered number: 08655010) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 August 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| At the balance sheet date the company had net liabilities of £14,721. The ability of the company to continue to |
| trade is dependant upon the continued support of Brandy Investments Limited and Brandy Limited, companies |
| in which the director has an interest. |
| The director is of the opinion that the company will continue to receive this support and on this basis consider it |
| appropriate to prepare the accounts on the going concern basis. |
| The financial statements do not include any adjustments that would result from the withdrawal of support by the |
| director. |
| 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 net invoiced sales of services and goods, excluding value added tax. |
| Tangible fixed assets |
| Motor vehicles | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 September 2015 |
| Additions |
| At 31 August 2016 |
| DEPRECIATION |
| At 1 September 2015 |
| Charge for year |
| At 31 August 2016 |
| NET BOOK VALUE |
| At 31 August 2016 |
| At 31 August 2015 |
| Greene Works Limited (Registered number: 08655010) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 August 2016 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.16 | 31.8.15 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| 100 | 100 |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 August 2016 and |
| 31 August 2015: |
| 31.8.16 | 31.8.15 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| The maximum amount outstanding during the year and due to the company was £23,646 (2015 £23,235). No |
| interest was paid during the year on this balance. |
| 5. | RELATED PARTY DISCLOSURES |
| During the year the company made sales of £52,200 (2015 £96,500) to Brandy Investments Limited, a company |
| in which B A Belton is also a director. |
| Included in creditors is an amount of £12,343 (2015 £11,843) due to Brandy Investments Limited. |
| During the year the company made sales of £30,967 (2015 £6,000) to Brandy Limited, a company in which B A |
| Belton is also a director. |
| Included in creditors is an amount of £14,366 (2015 £10,157) due to Brandy Limited. |
| 6. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |