Abbreviated Company Accounts - GWM INTERNATIONAL LIMITED

SKYBOUND WEALTH MANAGEMENT LIMITED - Company Information

04479650 GWM INTERNATIONAL LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 04479650 2014-01-01 2014-12-31 04479650 2014-12-31 04479650 2013-12-31 04479650 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 04479650 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 04479650

GWM INTERNATIONAL LIMITED

Abbreviated Accounts

31 December 2014

GWM INTERNATIONAL LIMITED Registered Number 04479650

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,075	61,294
		3,075	61,294
Current assets
Debtors		332,434	507,057
Cash at bank and in hand		195,635	-
		528,069	507,057
Creditors: amounts falling due within one year		(519,017)	(554,337)
Net current assets (liabilities)		9,052	(47,280)
Total assets less current liabilities		12,127	14,014
Provisions for liabilities		0	(465)
Total net assets (liabilities)		12,127	13,549
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		12,027	13,449
Shareholders' funds		12,127	13,549

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 9 October 2015

And signed on their behalf by:
David Howell, Director

GWM INTERNATIONAL LIMITED Registered Number 04479650

Notes to the Abbreviated Accounts for the period ended 31 December 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 represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 5 years
Improvements to property - 15% on cost
Fixtures and fittings - 15% on cost

2Tangible fixed assets

	£
Cost
At 1 January 2014	112,421
Additions	647,400
Disposals	(717,396)
Revaluations	-
Transfers	-
At 31 December 2014	42,425
Depreciation
At 1 January 2014	51,127
Charge for the year	3,771
On disposals	(15,548)
At 31 December 2014	39,350
Net book values
At 31 December 2014	3,075
At 31 December 2013	61,294

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100