GMB Courier Services Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08837668 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

FOR

GMB COURIER SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

G M Boon

REGISTERED OFFICE:

1 Daymond Street

Peterborough

Cambridgeshire

PE2 9RW

REGISTERED NUMBER:

08837668 (England and Wales)

ACCOUNTANTS:

GreenStones Limited

9 Commerce Road

Lynchwood

Peterborough

Cambridgeshire

PE2 6LR

FIXED ASSETS

Tangible assets

2

6,480

8,640

CURRENT ASSETS

Debtors

2,219

582

Cash at bank

448

204

2,667

786

CREDITORS

Amounts falling due within one year

7,574

9,499

NET CURRENT LIABILITIES

(4,907

)

(8,713

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,573

(73

)

PROVISIONS FOR LIABILITIES

1,296

-

NET ASSETS/(LIABILITIES)

277

(73

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

276

(74

)

SHAREHOLDERS' FUNDS

277

(73

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 March 2016 and were signed by:

G M Boon - 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 services, 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.

Motor vehicles

-

25% 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 February 2015

and 31 January 2016

11,520

DEPRECIATION

At 1 February 2015

2,880

Charge for year

2,160

At 31 January 2016

5,040

NET BOOK VALUE

At 31 January 2016

6,480

At 31 January 2015

8,640

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1

ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

31 January 2016 and 31 January 2015:

2016

2015

£

£

G M Boon

Balance outstanding at start of year

(5,760

)

-

Amounts advanced

19,445

-

Amounts repaid

(12,288

)

(5,760

)

Balance outstanding at end of year

1,397

(5,760

)

This loan in un secured and interest free.