Abbreviated Company Accounts - GROVEBANK PROPERTIES LIMITED

GROVEBANK PROPERTIES LIMITED - Company Information

04885374 GROVEBANK PROPERTIES LIMITED 2014-02-28 false 2013-03-01 2014-02-28 true 04885374 2013-03-01 2014-02-28 04885374 2014-02-28 04885374 2013-02-28 04885374 uk-gaap-cd-bus:Director1 2013-03-01 2014-02-28 04885374 uk-gaap-cd-bus:Director2 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-28 iso4217:GBP shares

Registered Number 04885374

GROVEBANK PROPERTIES LIMITED

Abbreviated Accounts

28 February 2014

GROVEBANK PROPERTIES LIMITED Registered Number 04885374

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	207	276
		207	276
Current assets
Debtors		13,813	20,191
Cash at bank and in hand		51	47
		13,864	20,238
Creditors: amounts falling due within one year		(11,395)	(17,516)
Net current assets (liabilities)		2,469	2,722
Total assets less current liabilities		2,676	2,998
Total net assets (liabilities)		2,676	2,998
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		2,576	2,898
Shareholders' funds		2,676	2,998

For the year ending 28 February 2014 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 27 November 2014

And signed on their behalf by:
C.C Hus, Director

GROVEBANK PROPERTIES LIMITED Registered Number 04885374

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives, on the following basis:-

Office equipment and furniture - 25% on reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 March 2013	3,249
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	3,249
Depreciation
At 1 March 2013	2,973
Charge for the year	69
On disposals	-
At 28 February 2014	3,042
Net book values
At 28 February 2014	207
At 28 February 2013	276

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100