Abbreviated Company Accounts - GO FIX IT LIMITED

Registered Number 04029760

GO FIX IT LIMITED

Abbreviated Accounts

31 January 2015

GO FIX IT LIMITED Registered Number 04029760

Abbreviated Balance Sheet as at 31 January 2015

	Notes	31/01/2015	31/12/2013
		£	£
Fixed assets
Tangible assets	2	1,334	506
		1,334	506
Current assets
Stocks		12,971	-
Debtors		22,280	2,820
Investments		5,072	6,687
		40,323	9,507
Creditors: amounts falling due within one year		(45,077)	(13,450)
Net current assets (liabilities)		(4,754)	(3,943)
Total assets less current liabilities		(3,420)	(3,437)
Total net assets (liabilities)		(3,420)	(3,437)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(3,520)	(3,537)
Shareholders' funds		(3,420)	(3,437)

For the year ending 31 January 2015 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 30 October 2015

And signed on their behalf by:
A Harrop, Director

GO FIX IT LIMITED Registered Number 04029760

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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 amounts receivable for goods and services net of VAT and trade discounts

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment 20% on cost
Motor vehicles 25% on cost

2Tangible fixed assets

	£
Cost
At 1 January 2014	4,627
Additions	1,064
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	5,691
Depreciation
At 1 January 2014	4,121
Charge for the year	236
On disposals	-
At 31 January 2015	4,357
Net book values
At 31 January 2015	1,334
At 31 December 2013	506