G T D Lewis Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04359888

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

G T D Lewis Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G T D Lewis

Mrs L M Lewis

SECRETARY:

Mrs L M Lewis

REGISTERED OFFICE:

5 Bella View Gardens

Glastonbury

Somerset

BA6 9HQ

REGISTERED NUMBER:

04359888

ACCOUNTANT:

Stephen Cook

5 Bella View Gardens

Glastonbury

Somerset

BA6 9HQ

FIXED ASSETS

Tangible assets

2

326

435

CURRENT ASSETS

Stocks

800

800

Debtors

1,535

1,216

Cash at bank

22,085

13,974

24,420

15,990

CREDITORS

Amounts falling due within one year

9,602

10,549

NET CURRENT ASSETS

14,818

5,441

TOTAL ASSETS LESS CURRENT LIABILITIES

15,144

5,876

PROVISIONS FOR LIABILITIES

65

86

NET ASSETS

15,079

5,790

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

14,979

5,690

SHAREHOLDERS' FUNDS

15,079

5,790

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 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 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 Board of Directors on 29 June 2015 and were signed on its behalf by:

G T D Lewis - 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.

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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

1,566

DEPRECIATION

At 1 April 2014

1,131

Charge for year

109

At 31 March 2015

1,240

NET BOOK VALUE

At 31 March 2015

326

At 31 March 2014

435

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

100p

100

100