Abbreviated Company Accounts - GL DAVIES LIMITED

08318870 GL DAVIES LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 08318870 2014-01-01 2014-12-31 08318870 2014-12-31 08318870 2013-12-31 08318870 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 08318870 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 08318870

GL DAVIES LIMITED

Abbreviated Accounts

31 December 2014

GL DAVIES LIMITED Registered Number 08318870

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	70,285	62,475
Tangible assets	3	16,331	15,258
		86,616	77,733
Current assets
Stocks		21,900	25,904
Debtors		36,278	41,430
Cash at bank and in hand		125,302	104,447
		183,480	171,781
Creditors: amounts falling due within one year		(203,150)	(210,587)
Net current assets (liabilities)		(19,670)	(38,806)
Total assets less current liabilities		66,946	38,927
Total net assets (liabilities)		66,946	38,927
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		65,946	37,927
Shareholders' funds		66,946	38,927

For the year ending 31 December 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 18 August 2015

And signed on their behalf by:
Mr G Davies, Director
Miss C Shapcott, Director

GL DAVIES LIMITED Registered Number 08318870

Notes to the Abbreviated Accounts for the period ended 31 December 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.

Tangible assets depreciation policy
plant 25% reducing balance
solar panels 15% reducing balance

2Intangible fixed assets

	£
Cost
At 1 January 2014	62,475
Additions	7,810
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	70,285
Amortisation
At 1 January 2014	-
Charge for the year	-
On disposals	-
At 31 December 2014	-
Net book values
At 31 December 2014	70,285
At 31 December 2013	62,475

3Tangible fixed assets

	£
Cost
At 1 January 2014	20,344
Additions	5,750
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	26,094
Depreciation
At 1 January 2014	5,086
Charge for the year	4,677
On disposals	-
At 31 December 2014	9,763
Net book values
At 31 December 2014	16,331
At 31 December 2013	15,258

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000