Abbreviated Company Accounts - ROBERT GLOVER ASSOCIATES LIMITED

Abbreviated Company Accounts - ROBERT GLOVER ASSOCIATES LIMITED

ROBERT GLOVER ASSOCIATES LIMITED - Company Information

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Registered Number 08388589

ROBERT GLOVER ASSOCIATES LIMITED

Abbreviated Accounts

31 March 2016

ROBERT GLOVER ASSOCIATES LIMITED Registered Number 08388589

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 1,452 1,952
Tangible assets 3 746 584
2,198 2,536
Current assets
Debtors 3,892 4,873
Cash at bank and in hand 14,579 787
18,471 5,660
Prepayments and accrued income 783 757
Creditors: amounts falling due within one year (12,664) (3,471)
Net current assets (liabilities) 6,590 2,946
Total assets less current liabilities 8,788 5,482
Total net assets (liabilities) 8,788 5,482
Capital and reserves
Called up share capital 4 4
Profit and loss account 8,784 5,478
Shareholders' funds 8,788 5,482
  • For the year ending 31 March 2016 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 1 April 2016

And signed on their behalf by:
Robert Glover, Director

ROBERT GLOVER ASSOCIATES LIMITED Registered Number 08388589

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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, and on a going concern basis.

Turnover policy
Turnover represents the value, net of VAT and discounts, of goods and services provided to customers.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset evenly over its expected useful life, as follows:

Office Equipment 20% per annum straight line
Computer Equipment 33% per annum straight line

Intangible assets amortisation policy
Amortisation is provided on a franchise fee on a straight line basis over the contract period of 5 years.

2Intangible fixed assets
£
Cost
At 1 April 2015 2,500
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 2,500
Amortisation
At 1 April 2015 548
Charge for the year 500
On disposals -
At 31 March 2016 1,048
Net book values
At 31 March 2016 1,452
At 31 March 2015 1,952
3Tangible fixed assets
£
Cost
At 1 April 2015 824
Additions 402
Disposals -
Revaluations -
Transfers -
At 31 March 2016 1,226
Depreciation
At 1 April 2015 240
Charge for the year 240
On disposals -
At 31 March 2016 480
Net book values
At 31 March 2016 746
At 31 March 2015 584