Genoa Partnership Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05940049 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 NOVEMBER 2014 TO 30 APRIL 2016

FOR

GENOA PARTNERSHIP LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

K J Phillips

Mrs K Phillips

SECRETARY:

Mrs K Phillips

REGISTERED OFFICE:

The Lodge, Beacon End Farmhouse

London Road

Stanway

Colchester

Essex

CO3 0NQ

REGISTERED NUMBER:

05940049 (England and Wales)

ACCOUNTANTS:

Richard Edwards Group LLP

The Lodge, Beacon End Farmhouse

London Road

Stanway

Colchester

Essex

CO3 0NQ

BANKERS:

HSBC Bank plc

26 North Station Road

Colchester

Essex

CO1 1SY

FIXED ASSETS

Tangible assets

2

-

1,358

CURRENT ASSETS

Debtors

4,774

3,455

Cash at bank

45,609

42,693

50,383

46,148

CREDITORS

Amounts falling due within one year

49,797

47,111

NET CURRENT ASSETS/(LIABILITIES)

586

(963

)

TOTAL ASSETS LESS CURRENT LIABILITIES

586

395

PROVISIONS FOR LIABILITIES

-

272

NET ASSETS

586

123

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

486

23

SHAREHOLDERS' FUNDS

586

123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2016 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 5 May 2016 and were signed on its behalf by:

K J Phillips - Director

Mrs K Phillips - 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

The company’s turnover represents the value, excluding value added tax of consultancy services supplied to

customers during the year.

Tangible fixed assets

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

Fixtures and fittings

-

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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

5,372

Additions

609

Disposals

(5,981

)

At 30 April 2016

-

DEPRECIATION

At 1 November 2014

4,014

Charge for period

738

Eliminated on disposal

(4,752

)

At 30 April 2016

-

NET BOOK VALUE

At 30 April 2016

-

At 31 October 2014

1,358

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2014

value:

£

100

Ordinary

£1

100