Goldpark Associates Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05228584

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2014

FOR

GOLDPARK ASSOCIATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

W J Smith

SECRETARY:

G Smith

REGISTERED OFFICE:

2 Lake End Court

Taplow Road Taplow

Maidenhead

Berkshire

SL6 0JQ

REGISTERED NUMBER:

05228584

ACCOUNTANTS:

Stiles & Company

2 Lake End Court

Taplow

Maidenhead

Berkshire

SL6 0JQ

FIXED ASSETS

Tangible assets

2

420

745

CURRENT ASSETS

Stocks

193,300

177,900

Debtors

18,836

59,095

Cash at bank

50,362

49,505

262,498

286,500

CREDITORS

Amounts falling due within one year

265,815

279,128

NET CURRENT (LIABILITIES)/ASSETS

(3,317

)

7,372

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,897

)

8,117

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

(2,907

)

8,107

SHAREHOLDERS' FUNDS

(2,897

)

8,117

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 June 2015 and were signed by:

W J Smith - 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.

Plant and machinery

-

25% on cost

Stocks

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

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

and 30 September 2014

1,800

DEPRECIATION

At 1 October 2013

1,055

Charge for year

325

At 30 September 2014

1,380

NET BOOK VALUE

At 30 September 2014

420

At 30 September 2013

745

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

10

Ordinary

£1

10

10