Giles Ward Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08358733 (England and Wales)

GILES WARD LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED

5TH APRIL 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs R S Ward

REGISTERED OFFICE:

43-45 Devizes Road

SWINDON

Wiltshire

SN1 4BG

REGISTERED NUMBER:

08358733 (England and Wales)

ACCOUNTANTS:

Morris Owen

Chartered Accountants

43-45 Devizes Road

SWINDON

Wiltshire

SN1 4BG

FIXED ASSETS

Tangible assets

2

1,206

1,285

CURRENT ASSETS

Debtors

16,671

10,016

Cash at bank

31,220

27,807

47,891

37,823

CREDITORS

Amounts falling due within one year

20,921

21,941

NET CURRENT ASSETS

26,970

15,882

TOTAL ASSETS LESS CURRENT LIABILITIES

28,176

17,167

PROVISIONS FOR LIABILITIES

241

257

NET ASSETS

27,935

16,910

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

27,835

16,810

SHAREHOLDERS' FUNDS

27,935

16,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5th April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 5th April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 18th June 2015 and were signed by:

Mrs R S Ward - 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).

The director has assessed the forthcoming period in terms of profitability and cashflows and feels

that the going concern principle remains appropriate.

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

-

33% on cost

Computer equipment

-

33% on cost

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 6th April 2014

1,520

Additions

495

At 5th April 2015

2,015

DEPRECIATION

At 6th April 2014

235

Charge for year

574

At 5th April 2015

809

NET BOOK VALUE

At 5th April 2015

1,206

At 5th April 2014

1,285

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

4.	RELATED PARTY DISCLOSURES

During the year, total dividends of £30,000 were paid to the director .

In 2014, dividends of £31,200 were paid to the director.