| Gigabrio Limited |
| Registered number: |
04065681 |
| Abbreviated Balance Sheet |
| as at 30 September 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
1,832 |
|
|
1,762 |
|
| Current assets |
| Debtors |
|
|
7,415 |
|
|
27,352 |
| Cash at bank and in hand |
|
|
90 |
|
|
128 |
|
|
|
7,505 |
|
|
27,480 |
|
| Creditors: amounts falling due within one year |
|
|
(9,258) |
|
|
(28,785) |
|
| Net current liabilities |
|
|
|
(1,753) |
|
|
(1,305) |
|
| Net assets |
|
|
|
79 |
|
|
457 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
78 |
|
|
456 |
|
| Shareholder's funds |
|
|
|
79 |
|
|
457 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr P Syers |
| Director |
| Approved by the board on 22 June 2016 |
|
| Gigabrio Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 September 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance |
|
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2014 |
17,304 |
|
Additions |
681 |
|
At 30 September 2015 |
17,985 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2014 |
15,542 |
|
Charge for the year |
611 |
|
At 30 September 2015 |
16,153 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2015 |
1,832 |
|
At 30 September 2014 |
1,762 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Mr P Syers |
|
Advances to director |
(13,765) |
|
45,363 |
|
(25,500) |
|
6,098 |
|
|
|
(13,765) |
|
45,363 |
|
(25,500) |
|
6,098 |
|
|
|
|
|
|
|
|
|
