Abbreviated Company Accounts - GMR FLOORING LTD

Abbreviated Company Accounts - GMR FLOORING LTD


Registered Number SC434059

GMR FLOORING LTD

Abbreviated Accounts

31 October 2014

GMR FLOORING LTD Registered Number SC434059

Abbreviated Balance Sheet as at 31 October 2014

Notes 2014 2013
£ £
Called up share capital not paid 1 1
Current assets
Debtors 10,276 3,847
Cash at bank and in hand 23 14
10,299 3,861
Creditors: amounts falling due within one year (9,711) (3,445)
Net current assets (liabilities) 588 416
Total assets less current liabilities 589 417
Total net assets (liabilities) 589 417
Capital and reserves
Called up share capital 1 1
Profit and loss account 588 416
Shareholders' funds 589 417
  • 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 31 July 2015

And signed on their behalf by:
Geoffrey Robertson, Director
Georfrrey Robertson, Director

GMR FLOORING LTD Registered Number SC434059

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
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

Valuation information and policy
Stocks and work in progress are valued at the lower of cost and net realisable value.