Abbreviated Company Accounts - G K GAS AND ELECTRICAL LIMITED

G K GAS AND ELECTRICAL LIMITED - Company Information

07016628 G K GAS AND ELECTRICAL LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 07016628 2014-10-01 2015-09-30 07016628 2015-09-30 07016628 2014-09-30 07016628 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 07016628 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:Director3 2014-10-01 2015-09-30 uk-gaap-cd-bus:Director3 2015-09-30 uk-gaap-cd-bus:Director3 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 07016628

G K GAS AND ELECTRICAL LIMITED

Abbreviated Accounts

30 September 2015

G K GAS AND ELECTRICAL LIMITED Registered Number 07016628

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	239	2,753
		239	2,753
Current assets
Debtors		7,219	8,438
Cash at bank and in hand		564	-
		7,783	8,438
Creditors: amounts falling due within one year		(6,869)	(10,799)
Net current assets (liabilities)		914	(2,361)
Total assets less current liabilities		1,153	392
Total net assets (liabilities)		1,153	392
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		1,151	390
Shareholders' funds		1,153	392

For the year ending 30 September 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 17 June 2016

And signed on their behalf by:
G Knapper, Director

G K GAS AND ELECTRICAL LIMITED Registered Number 07016628

Notes to the Abbreviated Accounts for the period ended 30 September 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 the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 October 2014	6,734
Additions	-
Disposals	(5,994)
Revaluations	-
Transfers	-
At 30 September 2015	740
Depreciation
At 1 October 2014	3,981
Charge for the year	60
On disposals	(3,540)
At 30 September 2015	501
Net book values
At 30 September 2015	239
At 30 September 2014	2,753

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	G Knapper
Description of the transaction:	Loan
Balance at 1 October 2014:	£ 8,438
Advances or credits made:	-
Advances or credits repaid:	£ 1,953
Balance at 30 September 2015:	£ 6,485