Geering's Holdings Limited - Abbreviated accounts 16.1
Geering's Holdings Limited - Abbreviated accounts 16.1
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Period 1 July 2014 to 30 November 2015 |
for |
Geering's Holdings Limited |
Geering's Holdings Limited (Registered number: 08563384) |
Contents of the Abbreviated Accounts |
for the Period 1 July 2014 to 30 November 2015 |
Page |
Company Information | 1 |
Chartered Accountants' Report | 2 |
Abbreviated Balance Sheet | 3 | to | 4 |
Notes to the Abbreviated Accounts | 5 | to | 6 |
Geering's Holdings Limited |
Company Information |
for the Period 1 July 2014 to 30 November 2015 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Geering's Holdings Limited |
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Geering's Holdings Limited for the period ended 30 November 2015 which comprise the Profit |
and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from |
information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
This report is made solely to the Board of Directors of Geering's Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 22 February 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Geering's Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Geering's Holdings Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Geering's Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Geering's Holdings Limited. You consider that Geering's Holdings Limited is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Geering's Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
27 April 2016 |
Geering's Holdings Limited (Registered number: 08563384) |
Abbreviated Balance Sheet |
30 November 2015 |
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
Investments | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
4 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
Geering's Holdings Limited (Registered number: 08563384) |
Abbreviated Balance Sheet - continued |
30 November 2015 |
The financial statements were approved by the Board of Directors on |
Geering's Holdings Limited (Registered number: 08563384) |
Notes to the Abbreviated Accounts |
for the Period 1 July 2014 to 30 November 2015 |
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). |
Tangible fixed assets |
No depreciation is provided in respect of the land and buildings. In the opinion of the directors the level of |
repairs and maintenance on buildings, the long estimated useful economic life of both land and buildings, |
together with their estimated realisable values would result in any depreciation charges being immaterial. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
At 30 November 2015 |
NET BOOK VALUE |
At 30 November 2015 |
3. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 July 2014 |
and 30 November 2015 | 1 |
NET BOOK VALUE |
At 30 November 2015 |
At 30 June 2014 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Nature of business: |
% |
Class of shares: | holding |
Ordinary | 100.00 |
£ | £ |
Aggregate capital and reserves | 491,280 | 281,669 |
Profit for the period/year | 371,813 | 273,006 |
Geering's Holdings Limited (Registered number: 08563384) |
Notes to the Abbreviated Accounts - continued |
for the Period 1 July 2014 to 30 November 2015 |
4. | CREDITORS |
Creditors include the following debts falling due in more than five years: |
2015 | 2014 |
£ | £ |
Repayable by instalments | 87,831 | - |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
Ordinary | £1 |
A Ordinary | £1 |
Ordinary B | £1 |
C Ordinary | £1 |
100 | 100 |
During the year 15 Ordinary shares were reclassified to Ordinary A shares. |
During the year 1 Ordinary share was reclassified to an Ordinary B share. |
During the year 9 Ordinary shares were reclassified to Ordinary C shares. |
6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
Included within other debtors is £75 (2014 : £85) owed from D Geering in respect of his directors loan account. |
Included within other debtors is £15 (2014 : £15) owed from D Nurthern in respect of his directors loan account. |