Nick Gilvey Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04955698 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2014

for

Nick Gilvey Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N J Gilvey

SECRETARY:

D Gilvey

REGISTERED OFFICE:

138 Quay Road

Bridlington

East Riding

YO16 4JB

REGISTERED NUMBER:

04955698 (England and Wales)

ACCOUNTANTS:

Wyatt Husler Cook

138 Quay Road

Bridlington

East Yorkshire

YO16 4JB

FIXED ASSETS

Tangible assets

2

2,929

1,757

CURRENT ASSETS

Debtors

6,288

6,603

Cash at bank

4,191

4,571

10,479

11,174

CREDITORS

Amounts falling due within one year

8,799

8,332

NET CURRENT ASSETS

1,680

2,842

TOTAL ASSETS LESS CURRENT LIABILITIES

4,609

4,599

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

4,608

4,598

SHAREHOLDERS' FUNDS

4,609

4,599

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27 August 2015 and were signed by:

N J Gilvey - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared on a going concern basis which assumes that the company's

director will provide continued support. It is the opinion of the director that this support will be given for the

foreseeable future, being at least twelve months from the signing of the accounts.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

The effect of events relating to the year ended 30 November 2014, which occurred before the date of approval of

the financial statements by the Board of Directors, have been included to the extent required to show a true and

fair view of the state of affairs of the company at 30 November 2014, and of its results for the year ended on that

date.

Turnover

Turnover represents the gross amount of work done as the company is not required to be registered for value

added tax purposes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Workshop

-

10% on reducing balance

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

9,131

Additions

1,770

At 30 November 2014

10,901

DEPRECIATION

At 1 December 2013

7,374

Charge for year

598

At 30 November 2014

7,972

NET BOOK VALUE

At 30 November 2014

2,929

At 30 November 2013

1,757

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1