2014-01-012014-12-3106016093falsetruehttp://www.companieshouse.gov.uk/cd:Director12014-01-012014-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2013-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-01-012014-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-12-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2013-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-12-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2014-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-01-012014-12-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2014-01-012014-12-31http://www.companieshouse.gov.uk/2013-01-012013-12-31http://www.companieshouse.gov.uk/2014-01-012014-12-31http://www.companieshouse.gov.uk/2013-12-31http://www.companieshouse.gov.uk/2014-12-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-01-012014-12-31http://www.companieshouse.gov.uk/2013-12-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 06016093

Grassroots HR Limited

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/12/2014

Prepared By:

Finton Doyle Chartered Accountants

107-109 Towngate

Leyland

Lancashire

PR25 2LQ

Grassroots HR Limited

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/12/2014
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet		2
Notes to the Abbreviated Accounts		3
The company's registered number is 06016093

Grassroots HR Limited

Registered Number: 06016093
BALANCE SHEET AT 31/12/2014
						2014				2013
		Notes				£				£
FIXED ASSETS
Tangible assets		3				2,611				1,422
CURRENT ASSETS
Debtors (amounts falling due within one year)		4		27,543				17,752
Cash at bank and in hand				33,640				5,146
				61,183				22,898
CREDITORS: Amounts falling due within one year				48,455				21,657
NET CURRENT ASSETS						12,728				1,241
TOTAL ASSETS LESS CURRENT LIABILITIES						15,339				2,663
CAPITAL AND RESERVES
Called up share capital		5				100				100
Profit and loss account						15,239				2,563
SHAREHOLDERS' FUNDS						15,339				2,663
For the year ending 31/12/2014 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 17/09/2015 and signed on their behalf by
Natasha Jayne Schofield
Director

Grassroots HR Limited

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/12/2014

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1b. Cash Flow Statement

The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).

1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment		reducing balance 25%

1d. Taxation

Corporation tax payable is provided on taxable profits at the current rates.

Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.

1e. Pension Costs

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

1f. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

1g. Goodwill

Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Grassroots HR Limited

2. INTANGIBLE FIXED ASSETS
		Purchased
		Goodwill		Total
		£		£
Cost
At 01/01/2014		2,750		2,750
At 31/12/2014		2,750		2,750
Depreciation
At 01/01/2014		2,750		2,750
At 31/12/2014		2,750		2,750
Net Book Amounts
At 31/12/2014		-		-

3. TANGIBLE FIXED ASSETS
		Equipment		Total
		£		£
Cost
At 01/01/2014		3,762		3,762
Additions		2,059		2,059
At 31/12/2014		5,821		5,821
Depreciation
At 01/01/2014		2,340		2,340
For the year		870		870
At 31/12/2014		3,210		3,210
Net Book Amounts
At 31/12/2014		2,611		2,611
At 31/12/2013		1,422		1,422

4. DEBTORS				2014		2013
				£		£
Amounts falling due within one year:
Trade debtors				27,543		17,752
				27,543		17,752

Grassroots HR Limited

5. SHARE CAPITAL				2014		2013
				£		£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100		100
				100		100

6. RELATED PARTY TRANSACTIONS

There were no transactions with related parties such as are required to be disclosed under the Financial Reporting Standard for Smaller Entities.

7. CONTROLLING PARTY

During the year the company was under the control of the directors who each own 50% of the share capital.