Abbreviated Company Accounts - G.S. AVIATION (EUROPE) LIMITED

Abbreviated Company Accounts - G.S. AVIATION (EUROPE) LIMITED

G.S. AVIATION (EUROPE) LIMITED - Company Information

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Registered Number 04401217

G.S. AVIATION (EUROPE) LIMITED

Abbreviated Accounts

31 March 2015

G.S. AVIATION (EUROPE) LIMITED Registered Number 04401217

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 130,758 129,265
130,758 129,265
Current assets
Debtors 5,089 4,041
Cash at bank and in hand 132,207 27,914
137,296 31,955
Creditors: amounts falling due within one year (202,362) (96,979)
Net current assets (liabilities) (65,066) (65,024)
Total assets less current liabilities 65,692 64,241
Provisions for liabilities (26,139) (25,744)
Total net assets (liabilities) 39,553 38,497
Capital and reserves
Called up share capital 1 1
Profit and loss account 39,552 38,496
Shareholders' funds 39,553 38,497
  • 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 25 December 2015

And signed on their behalf by:
G J Slater, Director

G.S. AVIATION (EUROPE) LIMITED Registered Number 04401217

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 represents the value, net of value added tax, of goods ans services supplied during theb year

2Tangible fixed assets
£
Cost
At 1 April 2014 183,327
Additions 32,738
Disposals -
Revaluations -
Transfers -
At 31 March 2015 216,065
Depreciation
At 1 April 2014 54,062
Charge for the year 31,245
On disposals -
At 31 March 2015 85,307
Net book values
At 31 March 2015 130,758
At 31 March 2014 129,265