Abbreviated Company Accounts - GRINDCO UK LTD

04217247 GRINDCO UK LTD 2014-03-31 false 2013-04-01 2014-03-31 true 04217247 2013-04-01 2014-03-31 04217247 2014-03-31 04217247 2013-03-31 04217247 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 04217247 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 04217247

GRINDCO UK LTD

Abbreviated Accounts

31 March 2014

GRINDCO UK LTD Registered Number 04217247

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Current assets
Debtors		163,192	163,192
		163,192	163,192
Creditors: amounts falling due within one year		(46,461)	(46,461)
Net current assets (liabilities)		116,731	116,731
Total assets less current liabilities		116,731	116,731
Creditors: amounts falling due after more than one year		(96,049)	(96,049)
Total net assets (liabilities)		20,682	20,682
Capital and reserves
Called up share capital	2	10,000	10,000
Profit and loss account		10,682	10,682
Shareholders' funds		20,682	20,682

For the year ending 31 March 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 29 December 2014

And signed on their behalf by:
K D Sanghavi, Director

GRINDCO UK LTD Registered Number 04217247

Notes to the Abbreviated Accounts for the period ended 31 March 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

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers

Other accounting policies
Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Ultimate controlling party

The Ultimate controlling party is Labdhi Exim (PVT) Limited, a company incorporated in India.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
10,000 Ordinary shares of £1 each	10,000	10,000