Abbreviated Company Accounts - G B TRANSPORT LIMITED

Abbreviated Company Accounts - G B TRANSPORT LIMITED

G B TRANSPORT LIMITED - Company Information

Print Friendly Version

Registered Number 03549138

G B TRANSPORT LIMITED

Abbreviated Accounts

30 June 2015

G B TRANSPORT LIMITED Registered Number 03549138

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 6,490 9,649
6,490 9,649
Current assets
Debtors 52,498 55,598
Cash at bank and in hand 1,740 -
54,238 55,598
Creditors: amounts falling due within one year (12,770) (13,025)
Net current assets (liabilities) 41,468 42,573
Total assets less current liabilities 47,958 52,222
Creditors: amounts falling due after more than one year (51,199) (65,769)
Total net assets (liabilities) (3,241) (13,547)
Capital and reserves
Called up share capital 20 20
Profit and loss account (3,261) (13,567)
Shareholders' funds (3,241) (13,547)
  • For the year ending 30 June 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 March 2016

And signed on their behalf by:
Graham Broad, Director

G B TRANSPORT LIMITED Registered Number 03549138

Notes to the Abbreviated Accounts for the period ended 30 June 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
Turnover represents amounts receivable for goods and services net of VAT

Tangible assets depreciation policy
Plant & machinery; 25% reducing balance
Computer Equipment; 33% reducing balance
Fixtures & Fittings; 25% reducing balance
Motor vehicles; 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 July 2014 69,098
Additions 80
Disposals -
Revaluations -
Transfers -
At 30 June 2015 69,178
Depreciation
At 1 July 2014 59,449
Charge for the year 3,239
On disposals -
At 30 June 2015 62,688
Net book values
At 30 June 2015 6,490
At 30 June 2014 9,649