Accounts filed on 31-12-2014


Registered number: 08834630






GGT Associates Limited


ABBREVIATED ACCOUNTS

FOR THE 359 DAY PERIOD ENDED 31 DECEMBER 2014
























Prepared By:
PC Accounting Solutions Limited
Chartered Accountants
61 Cowbridge Road East
Cardiff
CF11 9AE


ABBREVIATED ACCOUNTS


FOR THE 359 DAY PERIOD ENDED 31 December 2014

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 08834630


Registered Number: 08834630

BALANCE SHEET AT 31 DECEMBER 2014

			2014
	Notes		£

FIXED ASSETS
Tangible assets	2		888

CURRENT ASSETS
Debtors (amounts falling due within one year)	3	2,280
Cash at bank and in hand		47,178
		49,458
CREDITORS: Amounts falling due within one year		17,217
NET CURRENT ASSETS			32,241
TOTAL ASSETS LESS CURRENT LIABILITIES			33,129


PROVISIONS FOR LIABILITIES			178

NET ASSETS			32,951

CAPITAL AND RESERVES

Called up share capital	4		306
Profit and loss account			32,645
SHAREHOLDERS' FUNDS			32,951

For the year ending 31 December 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 14 September 2015 and signed on their behalf by




Trevor Guy
Director


NOTES TO THE ACCOUNTS
FOR THE 359 DAY PERIOD ENDED 31 DECEMBER 2014

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Going Concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly they have adopted the going concern basis of accounting in preparing these financial statements.




1d. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		reducing balance 33%




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS				2014
				£

Amounts falling due within one year:
Trade debtors				1,848
Other debtors				432
				2,280




4. SHARE CAPITAL				2014
				£
Allotted, issued and fully paid:
300 A Ordinary shares of £1 each				300
2 B Ordinary shares of £1 each				2
2 C Ordinary shares of £1 each				2
2 D Ordinary shares of £1 each				2
				306

New shares issued during period:
300 A Ordinary shares of £1 each				300
2 B Ordinary shares of £1 each				2
2 C Ordinary shares of £1 each				2
2 D Ordinary shares of £1 each				2
				306