Gemselect (Old Roar) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 09107217 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 30 June 2014 to 30 June 2015

for

Gemselect (Old Roar) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A Georgiou

G G Ritchie

REGISTERED OFFICE:

93 Bohemia Road

St Leonards on Sea

East Sussex

TN37 6RJ

REGISTERED NUMBER:

09107217 (England and Wales)

ACCOUNTANTS:

Sellens French

Chartered Accountants

93 Bohemia Road

St Leonards on Sea

East Sussex

TN37 6RJ

CURRENT ASSETS

Stocks

900,958

Debtors

15,741

916,699

CREDITORS

Amounts falling due within one year

916,599

NET CURRENT ASSETS

100

TOTAL ASSETS LESS CURRENT LIABILITIES

100

CAPITAL AND RESERVES

Called up share capital

2

100

SHAREHOLDERS' FUNDS

100

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

The members have not required the company to obtain an audit of its financial statements for the period 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 29 March 2016 and were signed on its behalf by:

A Georgiou - 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

3.	ULTIMATE PARENT COMPANY

Gemselect Ltd is regarded by the directors as being the company's ultimate parent company.