REGISTERED NUMBER: 02765275 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

GROSVENOR APTEC LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P. Nicholls

Mrs. N. Nicholls

SECRETARY:

Mrs. N. Nicholls

REGISTERED OFFICE:

Railbridge Court

Main Road

Rhosrobin

Wrexham

LL11 4RL

REGISTERED NUMBER:

02765275 (England and Wales)

ACCOUNTANTS:

Guy Walmsley Limited

Chartered Accountants

3 Grove Road

Wrexham

LL11 1DY

FIXED ASSETS

Intangible assets

2

91,800

Tangible assets

3

79,105

170,905

CURRENT ASSETS

Stocks

93,328

Debtors

197,064

Cash at bank

55,631

346,023

CREDITORS

Amounts falling due within one year

414,862

NET CURRENT LIABILITIES

(68,839

)

TOTAL ASSETS LESS CURRENT LIABILITIES

102,066

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

102,064

SHAREHOLDERS' FUNDS

102,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 September 2015 and were signed on its behalf by:

P. Nicholls - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

114,750

At 31 March 2015

114,750

AMORTISATION

Amortisation for year

22,950

At 31 March 2015

22,950

NET BOOK VALUE

At 31 March 2015

91,800

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

98,157

Disposals

(3,894

)

At 31 March 2015

94,263

DEPRECIATION

Charge for year

15,158

At 31 March 2015

15,158

NET BOOK VALUE

At 31 March 2015

79,105

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary shares

1

2