G2Connect Limited,Ltd - Accounts

G2CONNECT LIMITED - Company Information

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G2Connect Limited

For the year ended 31 May 2015

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 08162498

Contents Page

G2Connect Limited

For the year ended 31 May 2015

Accountants' Report

Balance Sheet

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Notes to the Abbreviated Financial Statements

Accountants' Report

For the year ended 31 May 2015

G2Connect Limited

Accountants' report on the unaudited financial statements to the directors of G2Connect Limited.

In accordance with our terms of engagement and in order to assist you to fulfill your duties under the Companies

Act 2006, we have compiled the financial statements of the company for the period ended year ended 31 May 2015

which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records

and information and explanations you have given to us.

This report is made to the company's Board of Directors, as a body, in accordance with the terms of our

engagement. Our work has been undertaken so that we might compile the financial statements that we have been

engaged to compile, report to the company's Board of Directors that we have done so, and state those matters that

we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we

do not accept or assume responsibility to anyone other than the company and the company's Board of Directors, as

a body, for our work or for this report.

You have acknowledged on the Balance Sheet as at year ended 31 May 2015 your duty to ensure that the

company has kept proper accounting records and to prepare financial statements that give a true and fair view

under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an

audit for the period.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified

the accuracy or completeness of the accounting records or information and explanations you have given to us and

we do not, therefore, express any opinion on the financial statements.

Abbey & Co Associates

1st Floor, Abbey House

270-272 Lever Street

Bolton

Lancashire

BL3 6PD

19 February 2016

Dated:

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Abbreviated Balance Sheet

G2Connect Limited

As at 31 May 2015

08162498

Registered Number :

2015

Notes

2014

Fixed assets

Tangible assets

532

361

532

361

Current assets

Debtors

7,549

22,796

Cash at bank and in hand

1,277

22,134

24,073

29,683

Creditors: amounts falling due within one year

(12,419)

(10,732)

17,264

13,341

Net current assets

Total assets less current liabilities

13,873

17,625

Creditors: amounts falling due after more than one year

(34,050)

(31,897)

(18,024)

Net liabilities

(16,425)

Capital and reserves

Called up share capital

Profit and loss account

(18,027)

(16,428)

(18,024)

(16,425)

Shareholders funds

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

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) The directors acknowledge their responsibilities for: (i) ensuring that the company keeps accounting records which comply with Section 386 of the Companies Act 2006; and (ii) preparing financial statements which give true and fair view of the state of affairs of the company as at the end of each financial year and its profit or loss for each financial year in accordance with the requirements of Section 396 and which otherwise comply with he requirements of the Companies Act 2006 relating to financial statements so far as applicable to the company.

These financial accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April; 2008)

Date approved by the board: 18 February 2016

Gulam Jhina Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

For the year ended 31 May 2015

G2Connect Limited

1 Accounting Policies

Basis of accounting

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of discounts and value added tax.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

25 Straight line

Fixtures and Fittings

10 Straight line

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

517

At 01 June 2014

332

Additions

At 31 May 2015

849

Depreciation

156

At 01 June 2014

161

Charge for year

317

At 31 May 2015

Net book values

At 31 May 2015

532

361

At 31 May 2014

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Notes to the Abbreviated Financial Statements

For the year ended 31 May 2015

G2Connect Limited

Debtors include an amount of £0 (2014: £7000) falling due after more than one year

3 Debtors:

4 Share capital

Authorised

3 Class A shares of £1.00 each

Allotted called up and fully paid

2015

2014

3 Class A shares of £1.00 each

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