Global Rapid Structures Ltd - Abbreviated accounts

Global Rapid Structures Ltd - Abbreviated accounts


Registered number
08083238
Global Rapid Structures Ltd
Unaudited Abbreviated Accounts
31 August 2015
Global Rapid Structures Ltd
Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Global Rapid Structures Ltd for the year ended 31 August 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Global Rapid Structures Ltd for the year ended 31 August 2015 which comprise of 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, 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 Global Rapid Structures Ltd, as a body, in accordance with the terms of our engagement letter dated 24 August 2015. Our work has been undertaken solely to prepare for your approval the accounts of Global Rapid Structures Ltd and state those matters that we have agreed to state to the Board of Directors of Global Rapid Structures Ltd, 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 Global Rapid Structures Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Global Rapid Structures Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Global Rapid Structures Ltd. You consider that Global Rapid Structures Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Global Rapid Structures Ltd. 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 abbreviated accounts.
Aster Accountants Ltd
Chartered Accountants
62A High Street
Runcorn
Cheshire
WA7 1AW
18 May 2016
Global Rapid Structures Ltd
Registered number: 08083238
Abbreviated Balance Sheet
as at 31 August 2015
Notes 2015 2014
£ £
Current assets
Debtors 91 150
Cash at bank and in hand - 2
91 152
Creditors: amounts falling due within one year (5,391) (14,064)
Net current liabilities (5,300) (13,912)
Net liabilities (5,300) (13,912)
Capital and reserves
Called up share capital 2 100 100
Profit and loss account (5,400) (14,012)
Shareholder's funds (5,300) (13,912)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
D R Watson
Director
Approved by the board on 18 May 2016
Global Rapid Structures Ltd
Notes to the Abbreviated Accounts
for the year ended 31 August 2015
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
2 Share capital Nominal 2015 2015 2014
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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