Abbreviated Company Accounts - GO FIX IT LIMITED

Registered Number 04029760

GO FIX IT LIMITED

Abbreviated Accounts

31 December 2013

GO FIX IT LIMITED Registered Number 04029760

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	506	1
		506	1
Current assets
Debtors		2,820	5,603
Cash at bank and in hand		6,687	4,790
		9,507	10,393
Creditors: amounts falling due within one year		(13,450)	(12,800)
Net current assets (liabilities)		(3,943)	(2,407)
Total assets less current liabilities		(3,437)	(2,406)
Total net assets (liabilities)		(3,437)	(2,406)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(3,537)	(2,506)
Shareholders' funds		(3,437)	(2,406)

For the year ending 31 December 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 September 2014

And signed on their behalf by:
A Harrop, Director

GO FIX IT LIMITED Registered Number 04029760

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

The accounts have been drawn up on a going concern basis which assumes the comtinued support of the directors

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows;

Fixtures, fittings and equipment 20% on cost

2Tangible fixed assets

	£
Cost
At 1 January 2013	3,996
Additions	631
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	4,627
Depreciation
At 1 January 2013	3,995
Charge for the year	126
On disposals	-
At 31 December 2013	4,121
Net book values
At 31 December 2013	506
At 31 December 2012	1