GOODWOOD-STOCK_LIMITED - Accounts
GOODWOOD-STOCK_LIMITED - Accounts
Company Registration No. 09113557 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2015
- 1 -
2015
Notes
£
£
Fixed assets
Tangible assets
2
Current assets
Stocks
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(81,146 )
Net current liabilities
(8,437 )
Total assets less current liabilities
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board and authorised for issue on 19 October 2015
Director
Director
Company Registration No. 09113557
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The directors are of the opinion that they intend to support the company as necessary in meeting its working capital requirements, and accordingly, the accounts are prepared on a going concern basis. As at the balance sheet date, the company had net current liabilities of £8,437.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Plant and machinery
Fixtures, fittings & equipment
1.5
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
1.6
Stock
Stock is valued at the lower of cost and net realisable value.
1.7
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2015
- 3 -
2
Fixed assets
Tangible assets
£
Cost
At 2 July 2014
-
Additions
12,033
At 30 June 2015
12,033
Depreciation
At 2 July 2014
-
Charge for the year
1,713
At 30 June 2015
1,713
Net book value
At 30 June 2015
10,320
3
Share capital
2015
£
Allotted, called up and fully paid
Upon incorporation, 100 £1 ordinary shares were issued at par and were paid for in cash.
4
Transactions with directors
Included within creditors are amounts due to the directors of £18,428.