Galzar Consulting Ltd - Limited company - abbreviated - 11.6
Galzar Consulting Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 July 2015 |
| for |
| Galzar Consulting Ltd |
| Galzar Consulting Ltd (Registered number: 07692508) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 July 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Report of the Accountants | 5 |
| Galzar Consulting Ltd |
| Company Information |
| for the Year Ended 31 July 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Galzar Consulting Ltd (Registered number: 07692508) |
| Abbreviated Balance Sheet |
| 31 July 2015 |
| 31.7.15 | 31.7.14 |
| Notes | £ | £ | £ | £ |
| CALLED UP SHARE CAPITAL NOT PAID |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 | 58,091 | 68,730 |
| CURRENT ASSETS |
| Debtors |
| Prepayments and accrued income |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on by: |
| Galzar Consulting Ltd (Registered number: 07692508) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 July 2015 |
| 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). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Additions |
| At 31 July 2015 |
| NET BOOK VALUE |
| At 31 July 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 August 2014 | 68,730 |
| Share of profit/(loss) | (10,639 | ) |
| At 31 July 2015 | 58,091 |
| NET BOOK VALUE |
| At 31 July 2015 |
| At 31 July 2014 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Subsidiary |
| Country of incorporation: Luxembourg |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | (37,536 | ) | 31,431 |
| Loss for the year | (51,262 | ) | (13,012 | ) |
| Galzar Consulting Ltd (Registered number: 07692508) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 July 2015 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| Associated companies |
| Country of incorporation: U.S.A. |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 10.00 |
| 30.6.15 |
| £ |
| Profit for the year | 78,132 |
| Country of incorporation: U.S.A. |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 10.00 |
| 30.6.15 |
| £ |
| Loss for the year | (54,227 | ) |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 31.7.15 | 31.7.14 |
| value: | £ | £ |
| Share capital 1 | £1 |
| Galzar Consulting Ltd |
| Report of the Accountants to the Directors of |
| Galzar Consulting Ltd |
| 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. |
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2015 set out on pages nil to nil and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 9 November 2015 |