Abbreviated Company Accounts - GALLER UK LIMITED

Registered Number 04968566

GALLER UK LIMITED

Abbreviated Accounts

30 May 2015

GALLER UK LIMITED Registered Number 04968566

Abbreviated Balance Sheet as at 30 May 2015

	2015	2014
	£	£
Current assets
Debtors	883	1,268
	883	1,268
Creditors: amounts falling due within one year	(1,053,950)	(1,030,486)
Net current assets (liabilities)	(1,053,067)	(1,029,218)
Total assets less current liabilities	(1,053,067)	(1,029,218)
Creditors: amounts falling due after more than one year	(475,507)	(475,507)
Total net assets (liabilities)	(1,528,574)	(1,504,725)
Capital and reserves
Called up share capital	137,298	137,298
Share premium account	718,400	718,400
Profit and loss account	(2,384,272)	(2,360,423)
Shareholders' funds	(1,528,574)	(1,504,725)

For the year ending 30 May 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 27 January 2016

And signed on their behalf by:
Sultan Bin Jassim Al-Thani, Director

GALLER UK LIMITED Registered Number 04968566

Notes to the Abbreviated Accounts for the period ended 30 May 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.

Other accounting policies
Going Concern
The company meets its day to day working capital requirements through a bank overdraft facility and increased funding by the shareholders as required. The directors consider it appropriate to prepare the financial statements on a going concern basis.