Abbreviated Company Accounts - GRANGEWALK HOMES LIMITED

GRANGEWALK HOMES LIMITED - Company Information

06024139 GRANGEWALK HOMES LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 06024139 2015-09-01 2016-08-31 06024139 2016-08-31 06024139 2015-08-31 06024139 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 06024139 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 06024139

GRANGEWALK HOMES LIMITED

Abbreviated Accounts

31 August 2016

GRANGEWALK HOMES LIMITED Registered Number 06024139

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Current assets
Debtors		1,924,936	1,925,064
Cash at bank and in hand		22,435	25,445
		1,947,371	1,950,509
Creditors: amounts falling due within one year		(68,058)	(68,127)
Net current assets (liabilities)		1,879,313	1,882,382
Total assets less current liabilities		1,879,313	1,882,382
Provisions for liabilities		(1,479,337)	(1,479,337)
Total net assets (liabilities)		399,976	403,045
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		399,975	403,044
Shareholders' funds		399,976	403,045

For the year ending 31 August 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 19 May 2017

And signed on their behalf by:
D Johnston, Director

GRANGEWALK HOMES LIMITED Registered Number 06024139

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 January 2015).

Turnover policy
Turnover represents amounts derived from the sales of developments properties and is recognised upon legal completion. Short term letting income is included in other operating income.

Other accounting policies
Exemption from preparing group accounts
The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Control
The company is controlled by Grangewalk Developments Limited which owns 100% of the called up share capital. Theultimate controlling party is considered to be Mr D G Johnston.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1