Gerard Nolan and Partners Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07362358 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2015

FOR

GERARD NOLAN AND PARTNERS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G Nolan

Mrs B Nolan

SECRETARY:

Mrs B Nolan

REGISTERED OFFICE:

83 Cambridge Street

Pimlico

London

SW1V 4PS

REGISTERED NUMBER:

07362358 (England and Wales)

ACCOUNTANTS:

George Hay & Company

Chartered Accountants

83 Cambridge Street

Pimlico

London

SW1V 4PS

FIXED ASSETS

Tangible assets

2

3,971

3,670

CURRENT ASSETS

Debtors

408,918

305,973

Cash at bank

1,112,814

429,068

1,521,732

735,041

CREDITORS

Amounts falling due within one year

507,268

122,454

NET CURRENT ASSETS

1,014,464

612,587

TOTAL ASSETS LESS CURRENT LIABILITIES

1,018,435

616,257

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

1,018,335

616,157

SHAREHOLDERS' FUNDS

1,018,435

616,257

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2015 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 13th May 2016 and were signed on its behalf by:

G Nolan - 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

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

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

Computer equipment

-

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2014

9,032

Additions

1,624

At 30th September 2015

10,656

DEPRECIATION

At 1st October 2014

5,362

Charge for year

1,323

At 30th September 2015

6,685

NET BOOK VALUE

At 30th September 2015

3,971

At 30th September 2014

3,670

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

86

'A' Ordinary

£1

86

86

5

'B' Ordinary

£1

5

5

1

'C' Ordinary

£1

1

1

1

'D' Ordinary

£1

1

1

1

'E' Ordinary

£1

1

1

1

'F' Ordinary

£1

1

1

1

'G' Ordinary

£1

1

1

1

'H' Ordinary

£1

1

1

1

'I' Ordinary

£1

1

1

1

'J' Ordinary

£1

1

1

1

'K' Ordinary

£1

1

1

100

100