Accounts filed on 31-12-2020

Accounts filed on 31-12-2020

SERVICES GD LTD - Company Information

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Registered number: 07037290
SERVICES GD LTD
ACCOUNTS
FOR THE 427 DAY PERIOD ENDED 31/12/2020
Prepared By:
DNS ASSOCIATES
Chartered Institute of Management Accountants
Pacific House
382 Kenton Road
Harrow, Middlesex
HA3 8DP
SERVICES GD LTD
ACCOUNTS
FOR THE 427 DAY PERIOD ENDED 31/12/2020
DIRECTORS
Biren Gala
REGISTERED OFFICE
DNS House
382 Kenton Road
Harrow
Middlesex
HA3 8DP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07037290
ACCOUNTANTS
DNS ASSOCIATES
Chartered Institute of Management Accountants
Pacific House
382 Kenton Road
Harrow, Middlesex
HA3 8DP
SERVICES GD LTD
ACCOUNTS
FOR THE427 DAY PERIODENDED31/12/2020
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
SERVICES GD LTD
BALANCE SHEET AT 31/12/2020
20202019
Notes££
FIXED ASSETS
Intangible assets3483,106483,106
Tangible assets430,33342,823
513,439525,929
CURRENT ASSETS
Debtors62-
Current Asset Investments510,36910,369
Cash at bank and in hand71,738989
82,16911,358
CREDITORS: Amounts falling due within one year6-120
NET CURRENT ASSETS82,16911,238
TOTAL ASSETS LESS CURRENT LIABILITIES595,608537,167
CREDITORS: Amounts falling due after more than one year72,635,8622,562,754
NET LIABILITIES(2,040,254)(2,025,587)
CAPITAL AND RESERVES
Called up share capital811
Profit and loss account(2,040,255)(2,025,588)
SHAREHOLDERS' FUNDS(2,040,254)(2,025,587)
For the year ending 31/12/2020 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 30/09/2021 and signed on their behalf by
.............................
Biren Gala
Director
SERVICES GD LTD
NOTES TO THE ACCOUNTS
FOR THE 427 DAY PERIOD ENDED 31/12/2020
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1c. 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.
2. EMPLOYEES
20202019
No.No.
Average number of employees--
SERVICES GD LTD
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/11/2019483,106483,106
At 31/12/2020483,106483,106
Depreciation
At 31/12/2020--
Net Book Amounts
At 31/12/2020483,106483,106
At 31/10/2019483,106483,106
4. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/11/2019530,705530,705
At 31/12/2020530,705530,705
Depreciation
At 01/11/2019487,882487,882
For the 427 day period12,49012,490
At 31/12/2020500,372500,372
Net Book Amounts
At 31/12/202030,33330,333
At 31/10/201942,82342,823
5. CURRENT ASSET INVESTMENTS
20202019
££
Listed investments - Foreign exchanges10,36910,369
10,36910,369
SERVICES GD LTD
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20202019
££
Directors current account-120
-120
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20202019
££
Bank loans (unsecured) >1yr40,000-
Other creditors > 1yr2,595,8622,562,754
2,635,8622,562,754
8. SHARE CAPITAL 20202019
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11