2012-01-012012-12-3106016093falsetruehttp://www.companieshouse.gov.uk/cd:Director12012-01-012012-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2011-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12012-01-012012-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2012-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12012-12-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2011-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12011-12-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2012-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2012-01-012012-12-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2012-01-012012-12-31http://www.companieshouse.gov.uk/2011-01-012011-12-31http://www.companieshouse.gov.uk/2012-01-012012-12-31http://www.companieshouse.gov.uk/2011-12-31http://www.companieshouse.gov.uk/2012-12-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2012-01-012012-12-31http://www.companieshouse.gov.uk/2011-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06016093

Grassroots HR Limited

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2012

Prepared By:
Finton Doyle
Chartered Accountants
Preston Technology Centre
Marsh Lane
Preston
PR1 8UQ


Grassroots HR Limited

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 December 2012
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 06016093


Grassroots HR Limited

Registered Number: 06016093
BALANCE SHEET AT 31 DECEMBER 2012
20122011
Notes££
FIXED ASSETS
Tangible assets31,681956
CURRENT ASSETS
Debtors (amounts falling due within one year)47,4642,139
Cash at bank and in hand1,3059,929
8,76912,068
CREDITORS: Amounts falling due within one year10,1506,612
NET CURRENT (LIABILITIES) / ASSETS(1,381)5,456
TOTAL ASSETS LESS CURRENT LIABILITIES3006,412
CAPITAL AND RESERVES
Called up share capital511
Profit and loss account2996,411
SHAREHOLDERS' FUNDS3006,412
For the year ending 31 December 2012 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 18 September 2013 and signed on their behalf by
Natasha Jayne Schofield
Director


Grassroots HR Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2012
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.
Equipmentreducing 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
GoodwillTotal
££
Cost
At 1 January 20122,7502,750
At 31 December 20122,7502,750
Depreciation
At 1 January 20122,7502,750
At 31 December 20122,7502,750
Net Book Amounts
At 31 December 2012--
3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 1 January 20122,2612,261
Additions1,2861,286
At 31 December 20123,5473,547
Depreciation
At 1 January 20121,3051,305
For the year561561
At 31 December 20121,8661,866
Net Book Amounts
At 31 December 20121,6811,681
At 31 December 2011956956


Grassroots HR Limited

4. DEBTORS 20122011
££
Amounts falling due within one year:
Trade debtors6,9262,139
Other debtors538-
7,4642,139
5. SHARE CAPITAL 20122011
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
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 Miss N J Schofield. Miss Schofield is the managing director and sole shareholder.