Grafton Square Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09301057 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30th November 2016

for

GRAFTON SQUARE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTOR:

G Stagnetto

SECRETARY:

K V Talbot

REGISTERED OFFICE:

Flat 3

8a Grafton Square

London

SW4 0DE

REGISTERED NUMBER:

09301057 (England and Wales)

ACCOUNTANTS:

Simpson Wreford & Partners

Chartered Accountants

Suffolk House

George Street

Croydon

Surrey

CR0 0YN

FIXED ASSETS

Tangible assets

2

63,829

CURRENT ASSETS

Cash at bank

100

NET CURRENT ASSETS

100

TOTAL ASSETS LESS CURRENT LIABILITIES

63,929

CREDITORS

Amounts falling due after more than one
year

64,350

NET LIABILITIES

(421

)

(421

)

RESERVES

Income and expenditure account

(421

)

(421

)

(421

)

(421

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 surplus or deficit 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 29th August 2017 and were signed by:

G Stagnetto - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the premise the company will continue as a going concern.

Annual income is sufficient to cover future anticipated costs and the long term loans received from lessees are

only repayable at the discretion of the company should sufficient funds exist.

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).

The company was dormant throughout the year ended 30th November 2016. However, reference to

information relating to the period ended 30th November 2015 has been made where appropriate.

Tangible fixed assets

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

Freehold property

-

When lease extensions granted

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 1st December 2015

and 30th November 2016

63,829

NET BOOK VALUE

At 30th November 2016

63,829

At 30th November 2015

63,829

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Grafton Square Limited for the year ended 30th November 2016 which comprise the Income

and Expenditure Account, the Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Grafton Square Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Grafton Square Limited and state those matters that we have agreed to state to the director of Grafton Square Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Grafton Square Limited director for our work or for this report.

It is your duty to ensure that Grafton Square Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Grafton Square Limited. You consider that Grafton Square 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 financial statements of Grafton Square 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 financial statements.

Simpson Wreford & Partners

Chartered Accountants

Suffolk House

George Street

Croydon

Surrey

CR0 0YN

Date: .............................................