Geku U. K. Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03047206 (England and Wales)

Abbreviated Accounts

for the Period 1st September 2012 to 31st December 2013

for

Geku U. K. Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

N A Richardson

J R Hudson

SECRETARY:

J R Hudson

REGISTERED OFFICE:

Unit 3

31 Laker Road

Rochester Airport Industrial Estate

Rochester

Kent

ME1 3QX

REGISTERED NUMBER:

03047206 (England and Wales)

ACCOUNTANTS:

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

FIXED ASSETS

Tangible assets

2

64,282

249,124

CURRENT ASSETS

Stocks

169,332

167,688

Debtors

382,424

194,228

Cash at bank

92

47

551,848

361,963

CREDITORS

Amounts falling due within one year

3

391,811

270,680

NET CURRENT ASSETS

160,037

91,283

TOTAL ASSETS LESS CURRENT LIABILITIES

224,319

340,407

CREDITORS

Amounts falling due after more than one year

3

(26,203

)

(76,785

)

PROVISIONS FOR LIABILITIES

(5,895

)

(5,137

)

NET ASSETS

192,221

258,485

CAPITAL AND RESERVES

Called up share capital

4

6

6

Revaluation reserve

-

51,964

Profit and loss account

192,215

206,515

SHAREHOLDERS' FUNDS

192,221

258,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st December 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 2013 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 19th September 2014 and were signed on its behalf by:

J R Hudson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

Turnover is the total amount receivable by the company for goods supplied and services provided excluding

VAT and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

Nil

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

at varying rates on cost

Furniture and equipment

-

at varying rates on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1st September 2012

289,004

Additions

58,483

Disposals

(227,560

)

At 31st December 2013

119,927

DEPRECIATION

At 1st September 2012

39,880

Charge for period

26,836

Eliminated on disposal

(11,071

)

At 31st December 2013

55,645

NET BOOK VALUE

At 31st December 2013

64,282

At 31st August 2012

249,124

3.

CREDITORS

Creditors include an amount of £ 36,419 for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

6

Ordinary

£1.00

6

6