Abbreviated Company Accounts - 1 GLADSTONE TERRACE LIMITED

1 GLADSTONE TERRACE LIMITED - Company Information

04167478 1 GLADSTONE TERRACE LIMITED 2015-02-28 false 2014-03-01 2015-02-28 true 04167478 2014-03-01 2015-02-28 04167478 2015-02-28 04167478 2014-02-28 04167478 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 04167478 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 04167478

1 GLADSTONE TERRACE LIMITED

Abbreviated Accounts

28 February 2015

1 GLADSTONE TERRACE LIMITED Registered Number 04167478

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	995	1,327
		995	1,327
Current assets
Cash at bank and in hand		2,339	637
		2,339	637
Net current assets (liabilities)		2,339	637
Total assets less current liabilities		3,334	1,964
Total net assets (liabilities)		3,334	1,964
Capital and reserves
Called up share capital	3	4	4
Profit and loss account		3,330	1,960
Shareholders' funds		3,334	1,964

For the year ending 28 February 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 29 November 2015

And signed on their behalf by:
Mrs Jenny Clark, Director

1 GLADSTONE TERRACE LIMITED Registered Number 04167478

Notes to the Abbreviated Accounts for the period ended 28 February 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax 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 of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 March 2014	7,169
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	7,169
Depreciation
At 1 March 2014	5,842
Charge for the year	332
On disposals	-
At 28 February 2015	6,174
Net book values
At 28 February 2015	995
At 28 February 2014	1,327

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

	2015 £	2014 £
4 Ordinary shares of £1 each	4	4