Company Registration No. 08828779 (England and Wales)
G4 Fuels Limited
Unaudited accounts
for the year ended 30 November 2018
G4 Fuels Limited
Unaudited accounts
Contents
G4 Fuels Limited
Company Information
for the year ended 30 November 2018
Company Number
08828779 (England and Wales)
Registered Office
Rosemary Cottage
Barkwith Road
MARKET RASEN
LINCOLNSHIRE
LN8 6NN
United Kingdom
G4 Fuels Limited
Statement of financial position
as at 30 November 2018
Cash at bank and in hand
33
32
Creditors: amounts falling due within one year
(173,112)
(70,684)
Net current (liabilities)/assets
(171,079)
90,054
Total assets less current liabilities
(171,079)
95,220
Creditors: amounts falling due after more than one year
-
(56,651)
Net (liabilities)/assets
(171,079)
38,569
Called up share capital
2
2
Profit and loss account
(171,081)
38,567
Shareholders' funds
(171,079)
38,569
For the year ending 30 November 2018 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 5 September 2019.
Lincoln Fraser
Director
Company Registration No. 08828779
G4 Fuels Limited
Notes to the Accounts
for the year ended 30 November 2018
G4 Fuels Limited is a private company, limited by shares, registered in England and Wales, registration number 08828779. The registered office is Rosemary Cottage, Barkwith Road, MARKET RASEN, LINCOLNSHIRE, LN8 6NN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Over 3 Years
G4 Fuels Limited
Notes to the Accounts
for the year ended 30 November 2018
4
Tangible fixed assets
Motor vehicles
Finished goods
2,000
12,000
Amounts due from group undertakings etc.
-
81,530
7
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
-
3,318
Amounts owed to group undertakings and other participating interests
127,615
-
Taxes and social security
45,497
51,394
8
Creditors: amounts falling due after more than one year
2018
2017
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
G4 Fuels Limited
Notes to the Accounts
for the year ended 30 November 2018
10
Average number of employees
During the year the average number of employees was 23 (2017: 12).
