Abbreviated Company Accounts - GOLDINGAY ENTERPRISES LTD

GOLDINGAY ENTERPRISES LTD - Company Information

Registered Number 05953806

GOLDINGAY ENTERPRISES LTD

Abbreviated Accounts

31 October 2014

GOLDINGAY ENTERPRISES LTD Registered Number 05953806

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	45,454	33,792
		45,454	33,792
Current assets
Stocks		1,080	301
Debtors		20,314	32,208
Cash at bank and in hand		98,453	99,878
		119,847	132,387
Creditors: amounts falling due within one year		(10,491)	(14,402)
Net current assets (liabilities)		109,356	117,985
Total assets less current liabilities		154,810	151,777
Provisions for liabilities		(6,557)	(5,910)
Total net assets (liabilities)		148,253	145,867
Capital and reserves
Called up share capital		2	2
Profit and loss account		148,251	145,865
Shareholders' funds		148,253	145,867

For the year ending 31 October 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 10 July 2015

And signed on their behalf by:
Mr A. Goldingay, Director

GOLDINGAY ENTERPRISES LTD Registered Number 05953806

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2013	59,095
Additions	27,075
Disposals	(16,841)
Revaluations	-
Transfers	-
At 31 October 2014	69,329
Depreciation
At 1 November 2013	25,303
Charge for the year	10,436
On disposals	(11,864)
At 31 October 2014	23,875
Net book values
At 31 October 2014	45,454
At 31 October 2013	33,792