Abbreviated Company Accounts - GAINSBOROUGH FINANCIAL SOLUTIONS LIMITED

GAINSBOROUGH FINANCIAL SOLUTIONS LIMITED - Company Information

04961476 GAINSBOROUGH FINANCIAL SOLUTIONS LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 04961476 2014-12-01 2015-11-30 04961476 2015-11-30 04961476 2014-11-30 04961476 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 04961476 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass3 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass3 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass3 2014-11-30 iso4217:GBP shares

Registered Number 04961476

GAINSBOROUGH FINANCIAL SOLUTIONS LIMITED

Abbreviated Accounts

30 November 2015

GAINSBOROUGH FINANCIAL SOLUTIONS LIMITED Registered Number 04961476

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	10,500	21,000
Tangible assets	3	5,754	4,434
		16,254	25,434
Current assets
Debtors		16,789	18,288
Cash at bank and in hand		29,553	10,035
		46,342	28,323
Creditors: amounts falling due within one year		(29,200)	(34,286)
Net current assets (liabilities)		17,142	(5,963)
Total assets less current liabilities		33,396	19,471
Provisions for liabilities		(1,056)	(771)
Total net assets (liabilities)		32,340	18,700
Capital and reserves
Called up share capital	4	120	120
Profit and loss account		32,220	18,580
Shareholders' funds		32,340	18,700

For the year ending 30 November 2015 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 6 June 2016

And signed on their behalf by:
P Plagerson, Director

GAINSBOROUGH FINANCIAL SOLUTIONS LIMITED Registered Number 04961476

Notes to the Abbreviated Accounts for the period ended 30 November 2015

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.

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:

Plant & Machinery 20% on written down value
Motor Vehicles 25% on written down value

2Intangible fixed assets

	£
Cost
At 1 December 2014	119,648
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	119,648
Amortisation
At 1 December 2014	98,648
Charge for the year	10,500
On disposals	-
At 30 November 2015	109,148
Net book values
At 30 November 2015	10,500
At 30 November 2014	21,000

3Tangible fixed assets

	£
Cost
At 1 December 2014	16,680
Additions	2,758
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	19,438
Depreciation
At 1 December 2014	12,246
Charge for the year	1,438
On disposals	-
At 30 November 2015	13,684
Net book values
At 30 November 2015	5,754
At 30 November 2014	4,434

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
60 A Ordinary shares of £1 each	60	60
40 B Ordinary shares of £1 each	40	40
20 C Ordinary shares of £1 each	20	20