Gymnasium Maintenance Searchfield Ltd - Abbreviated Accounts

GYMNASIUM MAINTENANCE SEARCHFIELD LTD - Company Information

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Gymnasium Maintenance Searchfield Ltd

Company No. 06893381

ABBREVIATED ACCOUNTS

for the year ended 30th April 2015

Gymnasium Maintenance Searchfield Ltd

Company No. 06893381

ABBREVIATED BALANCE SHEET

as at 30th April 2015

				2014
	Note	£	£	£
FIXED ASSETS
Intangible assets			-	-
Tangible assets	2		9498	11969
Investments			-	-
			9498	11969
CURRENT ASSETS
Stocks		2772		4556
Debtors		4303		11779
Investments held as current assets		-		-
Cash at bank and in hand		13716		22167
		20791		38502
Creditors: amounts falling due
within one year		29032		49450
NET CURRENT LIABILITIES			(8241)	(10948)
TOTAL ASSETS LESS CURRENT LIABILITIES			1257	1021

Creditors: amounts falling due
after more than one year			-	-

Provisions for liabilities and charges			-	-

			1257	1021
CAPITAL AND RESERVES

Called up share capital			1	1
Share premium account			-	-
Revaluation reserve			-	-
Other reserves			-	-
Profit and loss account			1256	1020

SHAREHOLDERS FUNDS			1257	1021

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime.

For the year ended 30th April 2015 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and the members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the Board on 29 January 2016

W A Waring

Director

Gymnasium Maintenance Searchfield Ltd

NOTES TO THE ABBREVIATED ACCOUNTS

for the year ended 30th April 2015

1 Accounting Policies

The accounts have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards.

Turnover

Turnover represents the invoiced value of goods and services supplied by the Company, net of value added tax and trade discounts.

Depreciation

Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant, machinery and vehicles

25% reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value.

2 Tangible Fixed Assets
	£
Cost

At 1st May 2014	19645
Additions	695
Surplus on revaluation	-
Disposals	-
At 30th April 2015	20340

Depreciation

At 1st May 2014	7676
Charge for year	3166
Released by Disposals	-
At 30th April 2015	10842

Net Book Value

At 30th April 2015	9498
At 30th April 2014	11969