Abbreviated Company Accounts - G & J TAX AND ACCOUNTING SERVICES LTD

Abbreviated Company Accounts - G & J TAX AND ACCOUNTING SERVICES LTD

G & J TAX AND ACCOUNTING SERVICES LTD - Company Information

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Registered Number 07586134

G & J TAX AND ACCOUNTING SERVICES LTD

Abbreviated Accounts

31 March 2015

G & J TAX AND ACCOUNTING SERVICES LTD Registered Number 07586134

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 6,000 7,000
6,000 7,000
Current assets
Debtors 2,150 1,140
Cash at bank and in hand 1,545 805
3,695 1,945
Creditors: amounts falling due within one year (3,179) (6,999)
Net current assets (liabilities) 516 (5,054)
Total assets less current liabilities 6,516 1,946
Total net assets (liabilities) 6,516 1,946
Capital and reserves
Called up share capital 100 100
Profit and loss account 6,416 1,846
Shareholders' funds 6,516 1,946
  • 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 9 December 2015

And signed on their behalf by:
Nader Butrous, Director

G & J TAX AND ACCOUNTING SERVICES LTD Registered Number 07586134

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.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible assets amortisation policy
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2Intangible fixed assets
£
Cost
At 1 April 2014 10,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 10,000
Amortisation
At 1 April 2014 3,000
Charge for the year 1,000
On disposals -
At 31 March 2015 4,000
Net book values
At 31 March 2015 6,000
At 31 March 2014 7,000