Greyscale Consultants Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 10342789 (England and Wales)

Financial Statements

for the Period 23 August 2016 to 30 September 2017

for

Greyscale Consultants Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

E J Morrison

Ms M L Gibson

SECRETARY:

REGISTERED OFFICE:

Woodhall Barns

Constable Burton

Leyburn

North Yorkshire

DL8 5RJ

REGISTERED NUMBER:

10342789 (England and Wales)

ACCOUNTANTS:

Teesdale Consultants

15 Northumberland Street

Darlington

Co. Durham

DL3 7HJ

SOLICITORS:

Womble Bond Dickinson

St. Ann's Wharf

112 Quayside

Newcastle upon Tyne

NE1 3DX

FIXED ASSETS

Tangible assets

4

651

CURRENT ASSETS

Stocks

4,742

Cash at bank

1,649

6,391

CREDITORS

Amounts falling due within one year

5

(10,064

)

NET CURRENT LIABILITIES

(3,673

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,022

)

CAPITAL AND RESERVES

Called up share capital

6

20

Retained earnings

(3,042

)

SHAREHOLDERS' FUNDS

(3,022

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 19 March 2018 and were signed on its behalf by:

E J Morrison - Director

Ms M L Gibson - Director

1.	STATUTORY INFORMATION

Greyscale Consultants Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the

Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost and 20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and

handling costs in bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

847

At 30 September 2017

847

DEPRECIATION

Charge for period

196

At 30 September 2017

196

NET BOOK VALUE

At 30 September 2017

651

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

1,691

Other creditors

8,373

10,064

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

20

Ordinary shares

£1

20