Abbreviated Company Accounts - GOLDBERG ENTERPRISES LTD

GOLDBERG ENTERPRISES LTD - Company Information

05708703 GOLDBERG ENTERPRISES LTD 2015-02-25 false 2014-02-27 2015-02-25 true 05708703 2014-02-27 2015-02-25 05708703 2015-02-25 05708703 2014-02-26 05708703 uk-gaap-cd-bus:Director1 2014-02-27 2015-02-25 05708703 uk-gaap-cd-bus:Director2 2014-02-27 2015-02-25 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-27 2015-02-25 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-25 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-26 iso4217:GBP shares

Registered Number 05708703

GOLDBERG ENTERPRISES LTD

Abbreviated Accounts

25 February 2015

GOLDBERG ENTERPRISES LTD Registered Number 05708703

Abbreviated Balance Sheet as at 25 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	58,540	26,511
		58,540	26,511
Current assets
Stocks		122,000	185,650
Debtors		378,290	279,211
Cash at bank and in hand		1,811	25,355
		502,101	490,216
Creditors: amounts falling due within one year		(548,312)	(528,724)
Net current assets (liabilities)		(46,211)	(38,508)
Total assets less current liabilities		12,329	(11,997)
Creditors: amounts falling due after more than one year		(19,600)	-
Total net assets (liabilities)		(7,271)	(11,997)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(7,273)	(11,999)
Shareholders' funds		(7,271)	(11,997)

For the year ending 25 February 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 24 February 2016

And signed on their behalf by:
J P Doble, Director

GOLDBERG ENTERPRISES LTD Registered Number 05708703

Notes to the Abbreviated Accounts for the period ended 25 February 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant & Machinery 15% p.a. of reducing balance
Fixtures & Fittings 15% p.a. of reducing balance
Motor Vehicles 25% p.a. of reducing balance
Equipment 15% p.a. of reducing balance

2Tangible fixed assets

	£
Cost
At 27 February 2014	33,899
Additions	43,088
Disposals	-
Revaluations	-
Transfers	-
At 25 February 2015	76,987
Depreciation
At 27 February 2014	7,388
Charge for the year	11,059
On disposals	-
At 25 February 2015	18,447
Net book values
At 25 February 2015	58,540
At 26 February 2014	26,511

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2