Abbreviated Company Accounts - GLOBAL FINE ART LTD

Abbreviated Company Accounts - GLOBAL FINE ART LTD


Registered Number 08789885

GLOBAL FINE ART LTD

Abbreviated Accounts

30 November 2014

GLOBAL FINE ART LTD Registered Number 08789885

Abbreviated Balance Sheet as at 30 November 2014

Notes 2014
£
Current assets
Debtors 238,516
Cash at bank and in hand 910
239,426
Creditors: amounts falling due within one year (237,862)
Net current assets (liabilities) 1,564
Total assets less current liabilities 1,564
Total net assets (liabilities) 1,564
Capital and reserves
Called up share capital 1
Profit and loss account 1,563
Shareholders' funds 1,564
  • For the year ending 30 November 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 24 August 2015

And signed on their behalf by:
B.Hykin, Director

GLOBAL FINE ART LTD Registered Number 08789885

Notes to the Abbreviated Accounts for the period ended 30 November 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 comprises sales net of Vat.