Green 2 Business Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05795216 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

for

Green 2 Business Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Nicholson

REGISTERED OFFICE:

8 St John Street

Manchester

M3 4DU

REGISTERED NUMBER:

05795216 (England and Wales)

ACCOUNTANTS:

Pareto Tax & Wealth LLP

8 St John Street

Manchester

M3 4DU

CURRENT ASSETS

Debtors

72,999

154,658

Cash at bank

80,362

55,280

153,361

209,938

CREDITORS

Amounts falling due within one year

3,000

3,184

NET CURRENT ASSETS

150,361

206,754

TOTAL ASSETS LESS CURRENT
LIABILITIES

150,361

206,754

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

150,360

206,753

SHAREHOLDERS' FUNDS

150,361

206,754

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 9 March 2017 and were signed by:

P Nicholson - 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 net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Computer software

-

25% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

84,557

DEPRECIATION

At 1 November 2015

and 31 October 2016

84,557

NET BOOK VALUE

At 31 October 2016

-

At 31 October 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 October 2016, the company was owed £3,534 from P Nicholson (2015: £65,186). Interest is charged at

3.25% per annum and balance is repayable on demand.