G J D Fishing Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC339273 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

G J D Fishing Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Gilbert West Duncan

SECRETARY:

Mrs Julie Ann Duncan

REGISTERED OFFICE:

8 Robbie's Road

Fraserburgh

Aberdeenshire

AB43 7AF

REGISTERED NUMBER:

SC339273 (Scotland)

ACCOUNTANTS:

Acumen Accountants & Advisors Limited

Acumen House

Grange Road

Peterhead

Aberdeenshire

AB42 1WN

FIXED ASSETS

Tangible assets

2

3,667

1,776

CURRENT ASSETS

Debtors

-

985

Cash at bank

80,255

90,157

80,255

91,142

CREDITORS

Amounts falling due within one year

15,492

25,189

NET CURRENT ASSETS

64,763

65,953

TOTAL ASSETS LESS CURRENT LIABILITIES

68,430

67,729

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

68,428

67,727

SHAREHOLDERS' FUNDS

68,430

67,729

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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:

Gilbert West Duncan - 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 net invoiced sales of goods, excluding value added tax, except in respect of service contracts where turnover is

recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Deferred tax

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

4,500

Additions

4,800

Disposals

(4,000

)

At 31 March 2015

5,300

DEPRECIATION

At 1 April 2014

2,724

Charge for year

1,222

Eliminated on disposal

(2,313

)

At 31 March 2015

1,633

NET BOOK VALUE

At 31 March 2015

3,667

At 31 March 2014

1,776

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and 31 March 2014:

2015

2014

£

£

Gilbert West Duncan

Balance outstanding at start of year

985

(48,499

)

Amounts advanced

89,269

49,484

Amounts repaid

(90,354

)

-

Balance outstanding at end of year

(100

)

985