Grange Developments 2000 Limited
Abbreviated accounts
31 March 2013
MGR Weston Kay LLP
Chartered Accountants
55 Loudoun Road
St John's Wood
London NW8 0DL
Company Registration No. 03731072
(England and Wales)
Grange Developments 2000 Limited
Abbreviated accounts
For the year ended 31 March 2013
Contents
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
Grange Developments 2000 Limited
Abbreviated balance sheet
As at 31 March 2013
- 1 -
2013
2012
Notes
£
£
£
£
Fixed assets
Tangible assets
2
29,571 
37,108 
Current assets
Stocks
241,380 
294,602 
Debtors
133,557 
66,353 
Cash at bank and in hand
111,196 
15,110 
486,133 
376,065 
Creditors: amounts falling due within one year
(212,751)
(142,908)
Net current assets
273,382 
233,157 
Total assets less current liabilities
302,953 
270,265 
Provisions for liabilities
(4,439)
(4,438)
298,514 
265,827 
Capital and reserves
Called up share capital
3
100 
100 
Profit and loss account
298,414 
265,727 
Shareholders' funds
298,514 
265,827 
For the financial year ended 31 March 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The member has not required the company to obtain an audit of these financial statements in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the 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 accounts, so far as applicable to the company.
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the Board for issue on 16 December 2013
D I  Hart
Director
Company Registration No. 03731072
Grange Developments 2000 Limited
Notes to the abbreviated accounts
For the year ended 31 March 2013
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
20% reducing balance
Fixtures, fittings & equipment
20% reducing balance
Motor vehicles
20-25% reducing balance
1.5
Stock
Stock is valued at the lower of cost and net realisable value.
1.6
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2012
129,674 
Additions
921 
At 31 March 2013
130,595 
Depreciation
At 1 April 2012
92,566 
Charge for the year
8,458 
At 31 March 2013
101,024 
Net book value
At 31 March 2013
29,571 
At 31 March 2012
37,108 
Grange Developments 2000 Limited
Notes to the abbreviated accounts
For the year ended 31 March 2013
- 4 -
3
Share capital
2013
2012
£
£
Allotted, called up and fully paid
100 Ordinary Shares of £1 each
100 
100 
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