Registered Number 08321020
GREENOCK INVESTMENTS LIMITED
Abbreviated Accounts
30 June 2015
Notes | 2015 | 2014 | |
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Called up share capital not paid |
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Fixed assets | |||
Intangible assets |
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Tangible assets |
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Investments | 2 |
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Current assets | |||
Stocks |
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Debtors | 3 |
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Investments |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Provisions for liabilities |
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Accruals and deferred income |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Share premium account |
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Revaluation reserve |
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Other reserves |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The financial statements are prepared in accordance with applicable United Kingdom accounting standards. The particular accounting policies adopted are described below.
Going concern
The director has a reasonable expectation that the company has sufficient resources to continue trading for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.
Group accounts
The company is entitled to the exemption conferred by section 399 of the Companies Act 2006 from the requirement to prepare group accounts on the basis that the group is small.
Accounting convention
The financial statements are prepared under the historical cost convention.
Investments
Investments held as fixed assets are stated at cost less provision for any impairment.
Taxation
Current tax is provided at amounts expected to be paid using the tax rate and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in taxation computations in periods different from those in which they are included in financial statements. Deferred tax assets are recognised to the extent that it is regarding as more likely than not that they will be received. Deferred tax assets and liabilities are not discounted.
2. INFORMATION REGARDING THE DIRECTORS
The directors of the company received no remuneration in respect of services to this company in the current year or in the prior year.
2
Fixed assets Investments
2015
£ |
2014
£ |
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Debtors include the following amounts due after more than one year |
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