Gower Ventures Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07927625 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Gower Ventures Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M A Perera

Mrs E Rees

REGISTERED OFFICE:

Elm House, Tanshire Park

Shackleford Road, Elstead

Godalming

Surrey

GU8 6LB

REGISTERED NUMBER:

07927625 (England and Wales)

ACCOUNTANTS:

Chamberlains Chartered Accountants

Elm House, Tanshire Park

Shackleford Road, Elstead

Godalming

Surrey

GU8 6LB

FIXED ASSETS

Investments

2

1,167

1,167

CURRENT ASSETS

Debtors

-

3,124

Cash at bank

618

905

618

4,029

CREDITORS

Amounts falling due within one year

3,423

5,581

NET CURRENT LIABILITIES

(2,805

)

(1,552

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,638

)

(385

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(1,738

)

(485

)

SHAREHOLDERS' FUNDS

(1,638

)

(385

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 26 March 2016 and were signed on its behalf by:

M A Perera - 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).

Preparation of consolidated financial statements

The financial statements contain information about Gower Ventures Limited as an individual company and do

not contain consolidated financial information as the parent of a group. The company has taken the option under

Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover

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

Deferred tax

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

balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 July 2014

and 30 June 2015

1,167

NET BOOK VALUE

At 30 June 2015

1,167

At 30 June 2014

1,167

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Old St Labs Limited

Nature of business: Software development

%

Class of shares:

holding

Ordinary

59.11

31.3.15

31.3.14

£

£

Aggregate capital and reserves

91,534

157,203

Loss for the year/period

(392,737

)

(209,464

)

Old St Labs Limited's year end is not co-terminous with that of Gower Street Ventures Limited for historical

reasons, but the Directors are investigating arrangements to bring the year-ends into line.

The information given above relating to Old St Labs Limited is for the year ended 31 March 2015 and the year

ended 31 March 2014.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

100

Ordinary

£1

100

100

4.

CONTROL

The company is controlled by the directors who own 100% of the called up share capital.