The Goodwill Company Limited - Limited company - abbreviated - 11.6
The Goodwill Company Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 30th September 2014 |
for |
The Goodwill Company Limited |
The Goodwill Company Limited (Registered number: 04070363) |
Contents of the Abbreviated Accounts |
for the Year Ended 30th September 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
The Goodwill Company Limited |
Company Information |
for the Year Ended 30th September 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
The Goodwill Company Limited (Registered number: 04070363) |
Abbreviated Balance Sheet |
30th September 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Share premium |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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 financial statements were approved by the Board of Directors on behalf by: |
The Goodwill Company Limited (Registered number: 04070363) |
Notes to the Abbreviated Accounts |
for the Year Ended 30th September 2014 |
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). |
Exemption from preparing a cash flow statement |
Exemption has been taken from preparing a cash flow statement on the grounds that the company |
qualifies as a small company. |
Turnover |
Turnover represents net invoiced sales of services, 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 |
Plant and machinery | - |
Office equipment | - |
Research and development |
Expenditure on research and development is written off in the year in which it is incurred. |
Financial instruments |
Financial instruments are classified and accounted for, according to the substance of the contractual |
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument |
is any contract that evidences a residual interest in the assets of the company after deducting all of its |
liabilities. |
Going concern |
The financial statements have been prepared on a going concern basis. This basis assumes that the |
company will be able to continue to trade for the foreseeable future, and the directors have confirmed |
their support to the company for this purpose. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1st October 2013 |
Additions |
At 30th September 2014 |
DEPRECIATION |
At 1st October 2013 |
Charge for year |
At 30th September 2014 |
NET BOOK VALUE |
At 30th September 2014 |
At 30th September 2013 |
The Goodwill Company Limited (Registered number: 04070363) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30th September 2014 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | 1.00 |
4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
As at the year end the company owed the director, Miss F Taylor, the sum of £1,963. The maximum |
loan balance due to the company during the year was £14,731. |