Abbreviated Company Accounts - GED (UK) LIMITED

04594140 GED (UK) LIMITED 2014-11-30 false 2013-12-01 2014-11-30 true 04594140 2013-12-01 2014-11-30 04594140 2014-11-30 04594140 2013-11-30 04594140 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 04594140 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP shares

Registered Number 04594140

GED (UK) LIMITED

Abbreviated Accounts

30 November 2014

GED (UK) LIMITED Registered Number 04594140

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	-	-
		-	-
Current assets
Stocks		25,789	22,956
Debtors		29,731	31,111
Cash at bank and in hand		34	34
		55,554	54,101
Creditors: amounts falling due within one year		(26,278)	(21,108)
Net current assets (liabilities)		29,276	32,993
Total assets less current liabilities		29,276	32,993
Creditors: amounts falling due after more than one year		(1,944)	(5,022)
Total net assets (liabilities)		27,332	27,971
Capital and reserves
Called up share capital	3	1,250	1,250
Share premium account		14,750	14,750
Profit and loss account		11,332	11,971
Shareholders' funds		27,332	27,971

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 29 August 2015

And signed on their behalf by:
J Waterworth, Director

GED (UK) LIMITED Registered Number 04594140

Notes to the Abbreviated Accounts for the period ended 30 November 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with applicable accounting standards

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods supplied during the year, exclusive of VAT

Tangible assets depreciation policy
Tangible fixed assets are states at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less estimated residual value, over their expected useful lives on the following bases:

Office Equipment -15% straight line

Other accounting policies
Stocks

Stocks are valued at the lower of costs and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Foreign Currency

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.Transactions in foreign currencies are translated into sterling at the date on the date of the transaction. Exchange gains and losses are recognised in the profit and loss account

2Tangible fixed assets

	£
Cost
At 1 December 2013	1,414
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	1,414
Depreciation
At 1 December 2013	1,414
Charge for the year	-
On disposals	-
At 30 November 2014	1,414
Net book values
At 30 November 2014	0
At 30 November 2013	0

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,250 Ordinary shares of £1 each	1,250	1,250