Global Vision Advisory Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04947243 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2015

for

Global Vision Advisory Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Hon T C Lewin

SECRETARY:

Mark Law Registrars Limited

REGISTERED OFFICE:

72a High Street

Battle

East Sussex

TN33 0AG

REGISTERED NUMBER:

04947243 (England and Wales)

ACCOUNTANTS:

MVL Business Services

72a High Street

Battle

East Sussex

TN33 0AG

BANKERS:

Lloyds TSB

Po Box 1000

Terminus Road

Eastbourne

East Sussex

BX1 1LT

FIXED ASSETS

Tangible assets

2

4,002

5,603

CURRENT ASSETS

Debtors

147,613

131,494

Cash at bank and in hand

62,562

82,324

210,175

213,818

CREDITORS

Amounts falling due within one year

72,857

83,911

NET CURRENT ASSETS

137,318

129,907

TOTAL ASSETS LESS CURRENT LIABILITIES

141,320

135,510

CREDITORS

Amounts falling due after more than one year

46,295

41,177

NET ASSETS

95,025

94,333

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

94,925

94,233

SHAREHOLDERS' FUNDS

95,025

94,333

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 5 June 2015 and were signed by:

Hon T C Lewin - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain

assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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

and 31 March 2015

64,282

DEPRECIATION

At 1 April 2014

58,679

Charge for year

1,601

At 31 March 2015

60,280

NET BOOK VALUE

At 31 March 2015

4,002

At 31 March 2014

5,603

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100