| Greenleys Wine Limited |
| Registered number: |
07159876 |
| Abbreviated Balance Sheet |
| as at 28 February 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
24,600 |
|
|
28,700 |
| Tangible assets |
3 |
|
|
3,547 |
|
|
4,729 |
|
|
|
|
28,147 |
|
|
33,429 |
|
| Current assets |
| Stocks |
|
|
49,653 |
|
|
56,846 |
| Debtors |
|
|
1,938 |
|
|
2,963 |
| Cash at bank and in hand |
|
|
8,427 |
|
|
10,065 |
|
|
|
60,018 |
|
|
69,874 |
|
| Creditors: amounts falling due within one year |
|
|
(8,927) |
|
|
(17,381) |
|
| Net current assets |
|
|
|
51,091 |
|
|
52,493 |
|
| Total assets less current liabilities |
|
|
|
79,238 |
|
|
85,922 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(86,823) |
|
|
(100,403) |
|
|
|
| Net liabilities |
|
|
|
(7,585) |
|
|
(14,481) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
200 |
|
|
200 |
| Profit and loss account |
|
|
|
(7,785) |
|
|
(14,681) |
|
| Shareholders' funds |
|
|
|
(7,585) |
|
|
(14,481) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr Yogathasan Namasivayam |
| Director |
| Approved by the board on 28 November 2014 |
|
| Greenleys Wine Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 28 February 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% Reducing balance |
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 March 2013 |
41,000 |
|
At 28 February 2014 |
41,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 March 2013 |
12,300 |
|
Provided during the year |
4,100 |
|
At 28 February 2014 |
16,400 |
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2014 |
24,600 |
|
At 28 February 2013 |
28,700 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 March 2013 |
11,209 |
|
At 28 February 2014 |
11,209 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2013 |
6,480 |
|
Charge for the year |
1,182 |
|
At 28 February 2014 |
7,662 |
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2014 |
3,547 |
|
At 28 February 2013 |
4,729 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
200 |
|
200 |
|
200 |
|
|
|
|
|
|
|
|
|
