GROVENEY PROPERTIES LIMITED - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05454073 (England and Wales)

GROVENEY PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST MAY 2017

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

3

135,406

135,406

CURRENT ASSETS

Cash in hand

100

100

CREDITORS

Amounts falling due within one year

4

(159,502

)

(157,882

)

NET CURRENT LIABILITIES

(159,402

)

(157,782

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(23,996

)

(22,376

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(24,096

)

(22,476

)

SHAREHOLDERS' FUNDS

(23,996

)

(22,376

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 9th February 2018 and were signed by:

Valeria Biondi - Director

1.	STATUTORY INFORMATION

GROVENEY PROPERTIES LIMITED is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address are as below:

Registered number:

05454073

Registered office:

Elscot House

Arcadia Avenue

London

N3 2JU

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These accounts have been prepared on a going concern basis which assumes that the company will continue to

trade. The validity of this assumption is dependent on sufficient and continuing financial support being made

available by the company's beneficial owners. If the company were unable to continue to trade adjustments

would have to be made to reduce the value of assets to their realisable amount, to reclassify fixed assets as

current assets, and to provide for any further liabilities that may arise.

Tangible fixed assets

Depreciation not provided in relation to the investment properties.

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1st June 2016

and 31st May 2017

135,406

NET BOOK VALUE

At 31st May 2017

135,406

At 31st May 2016

135,406

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

180

-

Other creditors

159,322

157,882

159,502

157,882