Accounts filed on 31-10-2014

Accounts filed on 31-10-2014

SERVICES GD LTD - Company Information

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2013-11-012014-10-3107037290falsetruehttp://www.companieshouse.gov.uk/pt:PlantMachinery2013-10-31http://www.companieshouse.gov.uk/cd:Director12013-11-012014-10-31http://www.companieshouse.gov.uk/pt:PlantMachinery2014-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-11-012014-10-31http://www.companieshouse.gov.uk/pt:PlantMachinery2013-11-012014-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-10-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2013-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-10-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2014-10-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2013-11-012014-10-31http://www.companieshouse.gov.uk/2012-11-012013-10-31http://www.companieshouse.gov.uk/2013-11-012014-10-31http://www.companieshouse.gov.uk/2013-10-31http://www.companieshouse.gov.uk/2014-10-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2013-11-012014-10-31http://www.companieshouse.gov.uk/2013-10-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07037290
Services GD Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/10/2014
Prepared By:
DNS Associates
Chartered Management Accountants
Pacific House
382 Kenton Road
Harrow
Middlesex
HA3 8DP

Services GD Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/10/2014
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts4
The company's registered number is 07037290

Services GD Ltd
Registered Number: 07037290
BALANCE SHEET AT 31/10/2014
20142013
Notes££
FIXED ASSETS
Intangible assets2483,106483,106
Tangible assets3180,457228,109
663,563711,215
CURRENT ASSETS
Debtors (amounts falling due within one year)4-59,112
Investments53,844-
Cash at bank and in hand54,36840,746
58,21299,858
CREDITORS: Amounts falling due within one year23,65613,732
NET CURRENT ASSETS34,55686,126
TOTAL ASSETS LESS CURRENT LIABILITIES698,119797,341
CREDITORS: Amounts falling due after more than one year62,572,5862,618,735
NET LIABILITIES(1,874,467)(1,821,394)
CAPITAL AND RESERVES
Called up share capital711
Profit and loss account(1,874,468)(1,821,395)
SHAREHOLDERS' FUNDS(1,874,467)(1,821,394)

Services GD Ltd
Registered Number: 07037290
For the year ending 31/10/2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 31/07/2015 and signed on their behalf by
Biren Gala
Director

Services GD Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/10/2014
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Services GD Ltd
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/11/2013483,106483,106
At 31/10/2014483,106483,106
Depreciation
At 31/10/2014--
Net Book Amounts
At 31/10/2014483,106483,106
At 31/10/2013483,106483,106
3. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/11/2013530,705530,705
At 31/10/2014530,705530,705
Depreciation
At 01/11/2013302,596302,596
For the year47,65247,652
At 31/10/2014350,248350,248
Net Book Amounts
At 31/10/2014180,457180,457
At 31/10/2013228,109228,109

Services GD Ltd
4. DEBTORS 20142013
££
Amounts falling due within one year:
VAT-12
Other debtors-59,100
-59,112
5. CURRENT ASSET INVESTMENTS
20142013
££
Listed investments - Foreign exchanges3,844-
3,844-
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20142013
££
Other creditors2,572,5862,618,735
2,572,5862,618,735

Services GD Ltd
7. SHARE CAPITAL 20142013
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11