Gap Analysis Consulting LTD Company Accounts

GAP ANALYSIS CONSULTING LIMITED - Company Information

FY Private Limited Company Company accounts 2015-12-17 2015-12-17 false true false false false false false false false false false false true true 2014-04-01 true xbrli:pure xbrli:shares iso4217:GBP 05512181 2014-04-01 2015-03-31 05512181 2015-03-31 05512181 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2014-04-01 2015-03-31 05512181 uk-bus:Director1 2014-04-01 2015-03-31 05512181 uk-bus:Director2 2014-04-01 2015-03-31 05512181 uk-gaap:AllSubsidiaries 2014-04-01 2015-03-31 05512181 uk-gaap:AfterOneYear 2015-03-31 05512181 uk-gaap:WithinOneYear 2015-03-31 05512181 uk-lang:English 2014-04-01 2015-03-31 05512181 uk-curr:PoundSterling 2014-04-01 2015-03-31

COMPANY REGISTRATION NUMBER 05512181

GAP ANALYSIS CONSULTING LTD

FINANCIAL STATEMENTS

31 March 2015

A/C'S DIRECT

Chartered Accountants

Old Bilton

Mill Road

West Chiltington

West Sussex

RH20 2PY

GAP ANALYSIS CONSULTING LTD

DIRECTORS' REPORT

YEAR ENDED 31 MARCH 2015

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2015.

PRINCIPAL ACTIVITIES

The principal activity of the company during the year was manufacture & selling of patent product.

DIRECTORS

The directors who served the company during the year were as follows:

Ms Crook
Mr Guy

SMALL COMPANY PROVISIONS

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

Registered office: Signed by order of the directors

** Name (line 1) **

** Position **

Approved by the directors on 17 December 2015

GAP ANALYSIS CONSULTING LTD

PROFIT AND LOSS ACCOUNT

YEAR ENDED 31 MARCH 2015

	2015
Note	£
TURNOVER	8,492

Cost of sales	2,380
	-------
GROSS PROFIT	6,112

Distribution costs	896
Administrative expenses	6,117
		-------
OPERATING LOSS	2	( 901)

Interest payable and similar charges	883

	-------
LOSS ON ORDINARY ACTIVITIES BEFORE TAXATION	( 1,784)

Tax on loss on ordinary activities	–

	-------
LOSS FOR THE FINANCIAL YEAR	( 1,784)
	-------

GAP ANALYSIS CONSULTING LTD

BALANCE SHEET

31 March 2015

	2015
Note	£	£

CURRENT ASSETS

Debtors	3	584

CREDITORS: Amounts falling due within one year	4	368
		----
NET CURRENT ASSETS		216
	----
TOTAL ASSETS LESS CURRENT LIABILITIES	216

CREDITORS: Amounts falling due after more than one year	5		2,000
		-------
		( 1,784)
		-------

CAPITAL AND RESERVES

Share capital	6		–
Profit and loss account		( 1,784)
		-------
DEFICIT		( 1,784)
		-------

For the year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- 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 and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

These accounts were approved by the directors and authorised for issue on 17 December 2015 , and are signed on their behalf by:

Ms Crook Director

Company Registration Number: 05512181

GAP ANALYSIS CONSULTING LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2015

1. ACCOUNTING POLICIES

Basis of accounting

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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2. OPERATING LOSS

Operating loss is stated after charging:

	2015
	£
Directors' remuneration	–
Net loss on foreign currency translation	15
	----

3. DEBTORS

	2015
	£
Trade debtors	374
Other creditors - desc in a/cs	13
Other debtors	197
	----
	584
	----

4. CREDITORS: Amounts falling due within one year

	2015
	£
Overdrafts	275
Trade creditors	93
	----
	368
	----

5. CREDITORS: Amounts falling due after more than one year

	2015
	£
Bank loans	2,000
	-------

6. SHARE CAPITAL

	No	£

GAP ANALYSIS CONSULTING LTD

MANAGEMENT INFORMATION

YEAR ENDED 31 MARCH 2015

The following page does not form part of the statutory financial statements .

GAP ANALYSIS CONSULTING LTD

DETAILED PROFIT AND LOSS ACCOUNT

YEAR ENDED 31 MARCH 2015

	2015
	£	£
TURNOVER		8,492

COST OF SALES

Purchases	190
Purchases - type 3	30
Purchases - type 8	(1)
Direct wages - Type 2	2,161
	-------
		2,380
		-------
GROSS PROFIT		6,112

OVERHEADS

Advertising - Type 2	896
Administrative expenses	6,117
	-------
		7,013
		-------
OPERATING LOSS		( 901)

Other similar charges	(883)
	-------
LOSS ON ORDINARY ACTIVITIES	( 1,784)
	-------

NOTES:

ADMINISTRATIVE EXPENSES

Establishment expenses

Insurance		276

General expenses

Motor expenses	1,519
Telephone	5
Printing	551
Other office administrative expenses	858
Staff training	99
Other staff related expenses - Type 2	150
Other professional fees	2,445
	-------
		5,627

Financial costs

Bad debts written off	115
Bank charges	84
Foreign currency gains/losses	15
	----
		214
		-------
		6,117
		-------