Abbreviated Company Accounts - GAP TELECOM SERVICES LTD

Abbreviated Company Accounts - GAP TELECOM SERVICES LTD

GAP TELECOM SERVICES LTD - Company Information

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Registered Number 07041093

GAP TELECOM SERVICES LTD

Abbreviated Accounts

31 October 2013

GAP TELECOM SERVICES LTD Registered Number 07041093

Abbreviated Balance Sheet as at 31 October 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 386 515
386 515
Current assets
Stocks - 265
Cash at bank and in hand 8 1,006
8 1,271
Net current assets (liabilities) 8 1,271
Total assets less current liabilities 394 1,786
Creditors: amounts falling due after more than one year (4,341) (2,951)
Total net assets (liabilities) (3,947) (1,165)
Capital and reserves
Called up share capital 100 100
Profit and loss account (4,047) (1,265)
Shareholders' funds (3,947) (1,165)
  • For the year ending 31 October 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 10 July 2014

And signed on their behalf by:
Mr G A Pickering, Director

GAP TELECOM SERVICES LTD Registered Number 07041093

Notes to the Abbreviated Accounts for the period ended 31 October 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.

Turnover policy
The turnover shown in the accounts represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated to write off the cost of assets over their useful economic life.

Fixtures and Fittings - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 November 2012 1,220
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2013 1,220
Depreciation
At 1 November 2012 705
Charge for the year 129
On disposals -
At 31 October 2013 834
Net book values
At 31 October 2013 386
At 31 October 2012 515