Registered Number 06479215

1-GREATLIFE LIMITED

Abbreviated Accounts

31 March 2013

1-GREATLIFE LIMITED Registered Number 06479215

Abbreviated Balance Sheet as at 31 March 2013

Notes 2013 2012
£ £
Called up share capital not paid - -
Current assets
Debtors 2 6 6
Investments - -
Cash at bank and in hand 4,411 4,411
4,417 4,417
Prepayments and accrued income - -
Creditors: amounts falling due within one year 3 (2,512) (2,512)
Net current assets (liabilities) 1,905 1,905
Total assets less current liabilities 1,905 1,905
Creditors: amounts falling due after more than one year 3 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 1,905 1,905
Capital and reserves
Called up share capital 4 6 6
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 1,899 1,899
Shareholders' funds 1,905 1,905
  • For the year ending 31 March 2013 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 31 March 2013

And signed on their behalf by:
MRS G JUPP, Director

1-GREATLIFE LIMITED Registered Number 06479215

Notes to the Abbreviated Accounts for the period ended 31 March 2013

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 COMPRISES REVENUE RECOGNISED BY THE COMPANY IN RESPECT OF GOODS AND SERVICES SUPPLIES DURING THE YEAR EXCLUSIVE OF VAT AND TRADE DISCOUNTS

Tangible assets depreciation policy
TANGIBLE FIXED ASSETS ARE STATED AT COST LESS DEPRECIATION. DEPRECIATION IS PROVIDED AT RATES CALCULATED TO WRITE OFF THE COST OF FIXED ASSETS, LESS THEIR ESTIMATED RESIDUAL VALUE, OVER THEIR EXPECTED USEFUL LIVES ON THE FOLLOWING ANNUAL BASES .
WEBSITE DESIGN 33.3 % STRAIGHT LINE

Intangible assets amortisation policy
NONE

Valuation information and policy
N0NE

Other accounting policies
NONE

2Debtors
2013
£
2012
£
Debtors include the following amounts due after more than one year 6 6
3Creditors
2013
£
2012
£
Secured Debts 2,512 2,512
4Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
6 Ordinary shares of £1 each 6 6

5Transactions with directors

Name of director receiving advance or credit: MRS G JUPP
Description of the transaction: RELATED PARTY TRANSACTION
Balance at 1 April 2012: £ 1,925
Advances or credits made: £ 0
Advances or credits repaid: £ 0
Balance at 31 March 2013: £ 1,925

AT THE END OF THE YEAR THE COMPANY OWED £1912 TO C K ACADEMY LTD , A COMPANY OF WHICH MRS G JUPP IS THE DIRECTOR