Gardenset Associates Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04951848 (England and Wales)

Abbreviated Unaudited Accounts For The Year Ended 30 November 2015

for

Gardenset Associates Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

B Spackman

M Spackman

SECRETARY:

B Spackman

REGISTERED OFFICE:

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

REGISTERED NUMBER:

04951848 (England and Wales)

ACCOUNTANTS:

Hunt Ford & Co

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

FIXED ASSETS

Tangible assets

2

6,112

7,640

CURRENT ASSETS

Debtors

3,410

4,056

Cash at bank and in hand

26,089

20,360

29,499

24,416

CREDITORS

Amounts falling due within one year

33,002

30,120

NET CURRENT LIABILITIES

(3,503

)

(5,704

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,609

1,936

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

2,509

1,836

SHAREHOLDERS' FUNDS

2,609

1,936

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 9 March 2016 and were signed on its behalf by:

M Spackman - Director

B Spackman - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

and 30 November 2015

20,932

DEPRECIATION

At 1 December 2014

13,292

Charge for year

1,528

At 30 November 2015

14,820

NET BOOK VALUE

At 30 November 2015

6,112

At 30 November 2014

7,640

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/11/15

30/11/14

value:

£

£

100

Ordinary

1.00

100

100