Abbreviated Company Accounts - GROVELANDS ESTATES LIMITED

Abbreviated Company Accounts - GROVELANDS ESTATES LIMITED

GROVELANDS ESTATES LIMITED - Company Information

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Registered Number 09699888

GROVELANDS ESTATES LIMITED

Abbreviated Accounts

31 July 2016

GROVELANDS ESTATES LIMITED Registered Number 09699888

Abbreviated Balance Sheet as at 31 July 2016

Notes 2016
£
Current assets
Debtors 3,082
Cash at bank and in hand 2,076
5,158
Creditors: amounts falling due within one year (5,960)
Net current assets (liabilities) (802)
Total assets less current liabilities (802)
Total net assets (liabilities) (802)
Capital and reserves
Called up share capital 1
Profit and loss account (803)
Shareholders' funds (802)
  • For the year ending 31 July 2016 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 May 2017

And signed on their behalf by:
Mrs S R Klein, Director

GROVELANDS ESTATES LIMITED Registered Number 09699888

Notes to the Abbreviated Accounts for the period ended 31 July 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention, as modified by the revaluation of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents rents and similar charges exclusive of VAT.

Other accounting policies
In accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) no provision is made for depreciation in respect of freehold properties or leasehold properties with more than 20 years remaining as investments. This departure from the requirements of the Companies Act 2006, which requires all properties to be depreciated is, in the opinion of the directors, necessary for the accounts to show a true and fair view.