Goodsir Commercial Limited - Limited company - abbreviated

REGISTERED NUMBER: 04845267 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2014

FOR

GOODSIR COMMERCIAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Goodsir

REGISTERED OFFICE:

9/10 Domingo Street

London

EC1Y 0TA

REGISTERED NUMBER:

04845267 (England and Wales)

ACCOUNTANTS:

Business Orchard

Chartered Accountants

3a Chestnut House

Farm Close

Shenley

Hertfordshire

WD7 9AD

FIXED ASSETS

Tangible assets

2

18,435

16,825

CURRENT ASSETS

Debtors

269,930

168,347

Cash at bank

128,719

188,834

398,649

357,181

CREDITORS

Amounts falling due within one year

246,004

259,117

NET CURRENT ASSETS

152,645

98,064

TOTAL ASSETS LESS CURRENT
LIABILITIES

171,080

114,889

PROVISIONS FOR LIABILITIES

3,422

3,042

NET ASSETS

167,658

111,847

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

167,656

111,845

SHAREHOLDERS' FUNDS

167,658

111,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 30 April 2015 and were signed by:

P Goodsir - 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 amounts receivable for services net of VAT and trade discounts.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

45,048

Additions

14,484

At 31 July 2014

59,532

DEPRECIATION

At 1 August 2013

28,223

Charge for year

12,874

At 31 July 2014

41,097

NET BOOK VALUE

At 31 July 2014

18,435

At 31 July 2013

16,825

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

2

Ordinary

£1

2

Goodsir Commercial Limited - Limited company - abbreviated - 11.6

Goodsir Commercial Limited - Limited company - abbreviated - 11.6