Abbreviated Company Accounts - G & G MANAGEMENT (NORWICH) LIMITED

G & G MANAGEMENT (NORWICH) LIMITED - Company Information

03790654 G & G MANAGEMENT (NORWICH) LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 03790654 2014-07-01 2015-06-30 03790654 2015-06-30 03790654 2014-06-30 03790654 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 03790654 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 03790654

G & G MANAGEMENT (NORWICH) LIMITED

Abbreviated Accounts

30 June 2015

G & G MANAGEMENT (NORWICH) LIMITED Registered Number 03790654

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	134,000	134,000
Tangible assets	3	684,630	684,635
		818,630	818,635
Current assets
Debtors		100	194
Cash at bank and in hand		14,670	6,945
		14,770	7,139
Creditors: amounts falling due within one year		(19,125)	(20,108)
Net current assets (liabilities)		(4,355)	(12,969)
Total assets less current liabilities		814,275	805,666
Creditors: amounts falling due after more than one year		(82,617)	(88,043)
Total net assets (liabilities)		731,658	717,623
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		731,558	717,523
Shareholders' funds		731,658	717,623

For the year ending 30 June 2015 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 17 August 2015

And signed on their behalf by:
Peter James George, Director
William Douglas Gilchrist, Director

G & G MANAGEMENT (NORWICH) LIMITED Registered Number 03790654

Notes to the Abbreviated Accounts for the period ended 30 June 2015

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 January 2015).

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Investment properties - No depreciation
Fixtures, fittings and equipment - 15% per annum of net book value

Other accounting policies
Investment properties
Investment properties are to be accounted for in accordance with Statement of Standard Accounting Practice 19 "Accounting for Investment Properties" and are to be revalued annually to open market value, at the discretion of the directors.

Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

2Intangible fixed assets

	£
Cost
At 1 July 2014	134,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	134,000
Amortisation
At 1 July 2014	-
Charge for the year	-
On disposals	-
At 30 June 2015	-
Net book values
At 30 June 2015	134,000
At 30 June 2014	134,000

3Tangible fixed assets

	£
Cost
At 1 July 2014	684,704
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	684,704
Depreciation
At 1 July 2014	69
Charge for the year	5
On disposals	-
At 30 June 2015	74
Net book values
At 30 June 2015	684,630
At 30 June 2014	684,635

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100