Abbreviated Company Accounts - GAVEL AUCTIONEERS LIMITED

Abbreviated Company Accounts - GAVEL AUCTIONEERS LIMITED

GAVEL AUCTIONEERS LIMITED - Company Information

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Registered Number 08038492

GAVEL AUCTIONEERS LIMITED

Abbreviated Accounts

31 March 2015

GAVEL AUCTIONEERS LIMITED Registered Number 08038492

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 5,450 3,814
5,450 3,814
Current assets
Stocks - 9,122
Debtors 21,127 14,176
Cash at bank and in hand 84,184 17,198
105,311 40,496
Creditors: amounts falling due within one year (49,103) (21,450)
Net current assets (liabilities) 56,208 19,046
Total assets less current liabilities 61,658 22,860
Creditors: amounts falling due after more than one year (30,660) (20,848)
Total net assets (liabilities) 30,998 2,012
Capital and reserves
Called up share capital 100 100
Profit and loss account 30,898 1,912
Shareholders' funds 30,998 2,012
  • For the year ending 31 March 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 4 November 2015

And signed on their behalf by:
Mr G Cole, Director

GAVEL AUCTIONEERS LIMITED Registered Number 08038492

Notes to the Abbreviated Accounts for the period ended 31 March 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.

2Tangible fixed assets
£
Cost
At 1 April 2014 5,397
Additions 2,999
Disposals -
Revaluations -
Transfers -
At 31 March 2015 8,396
Depreciation
At 1 April 2014 1,583
Charge for the year 1,363
On disposals -
At 31 March 2015 2,946
Net book values
At 31 March 2015 5,450
At 31 March 2014 3,814