Gee-Kent Ho Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09176672 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 14TH AUGUST 2014 TO 31ST AUGUST 2015

FOR

GEE-KENT HO LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

G K Ho

REGISTERED OFFICE:

C11 Marquis Court

Team Valley Trading Estate

Gateshead

Tyne and Wear

NE11 0RU

REGISTERED NUMBER:

09176672 (England and Wales)

ACCOUNTANTS:

McManus Hall Chartered Accountants

C11 Marquis Court

Team Valley Trading Estate

Gateshead

Tyne and Wear

NE11 0RU

FIXED ASSETS

Intangible assets

2

9,000

Tangible assets

3

6,184

15,184

CURRENT ASSETS

Cash at bank

22,343

CREDITORS

Amounts falling due within one year

(27,736

)

NET CURRENT LIABILITIES

(5,393

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,791

PROVISIONS FOR LIABILITIES

(7

)

NET ASSETS

9,784

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

9,684

SHAREHOLDERS' FUNDS

9,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st August 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st August 2015 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 19th April 2016 and were signed by:

G K Ho - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 14th August 2014

and 31st August 2015

10,000

AMORTISATION

Amortisation for period

1,000

At 31st August 2015

1,000

NET BOOK VALUE

At 31st August 2015

9,000

At 13th August 2014

10,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

8,245

At 31st August 2015

8,245

DEPRECIATION

Charge for period

2,061

At 31st August 2015

2,061

NET BOOK VALUE

At 31st August 2015

6,184

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1.00

100