G & M Holdings Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06640663 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2015

for

G & M Holdings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTORS:

G J Neale

Mrs M M Neale

REGISTERED OFFICE:

Westgate

Aldridge

Walsall

West Midlands

WS9 8BS

REGISTERED NUMBER:

06640663 (England and Wales)

ACCOUNTANTS:

Tomkinson Teal Limited

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

FIXED ASSETS

Investments

2

120,000

120,000

CURRENT ASSETS

Cash at bank

64

70

CREDITORS

Amounts falling due within one year

(119,779

)

(119,829

)

NET CURRENT LIABILITIES

(119,715

)

(119,759

)

TOTAL ASSETS LESS CURRENT LIABILITIES

285

241

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

283

239

SHAREHOLDERS' FUNDS

285

241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 5 October 2015 and were signed on its behalf by:

G J Neale - Director

1.	ACCOUNTING POLICIES

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).

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 July 2014

and 30 June 2015

120,000

NET BOOK VALUE

At 30 June 2015

120,000

At 30 June 2014

120,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Formrite Precision Engineering Limited

Nature of business: Manufacturing tools

%

Class of shares:

holding

Ordinary

100.00

2015

2014

£

£

Aggregate capital and reserves

338,452

230,327

Profit for the year

21,085

5,343

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

NIL

Ordinary

£1

-

2

(2014 - 2 )

1

Ordinary A

£1

1

-

(2014 - NIL)

1

Ordinary B

£1

1

-

(2014 - NIL)

2

2

Allotted and issued:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary A

£1

1

-

(2014 - NIL)

1

Ordinary B

£1

1

-

(2014 - NIL)

2

-

During the year the ordinary shares were re-designated into ordinary A shares and ordinary B shares.

These shares rank pari-passu in all respects except that each class of share shall be entitled to dividends on a

discretionary basis as a separate share right.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of G & M Holdings Limited for the year ended 30 June 2015 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of G & M Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of G & M Holdings Limited and state those matters that we have agreed to state to the Board of Directors of G & M Holdings Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that G & M Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of G & M Holdings Limited. You consider that G & M Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of G & M Holdings Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Tomkinson Teal Limited

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

5 October 2015