The Great and The Good Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08761670 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2015

for

THE GREAT AND THE GOOD LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D Love

Mrs E J Love

SECRETARY:

REGISTERED OFFICE:

Milton House

33a Milton Road

Hampton

Middlesex

TW12 2LL

REGISTERED NUMBER:

08761670 (England and Wales)

ACCOUNTANTS:

Alvis & Company (Accountants) Limited

Milton House

33a Milton Road

Hampton

Middlesex

TW12 2LL

FIXED ASSETS

Tangible assets

2

4,004

6,291

CURRENT ASSETS

Debtors

55,765

11,593

Cash at bank

15,793

25,768

71,558

37,361

CREDITORS

Amounts falling due within one year

(54,361

)

(39,070

)

NET CURRENT ASSETS/(LIABILITIES)

17,197

(1,709

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

21,201

4,582

PROVISIONS FOR LIABILITIES

(801

)

(1,258

)

NET ASSETS

20,400

3,324

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

20,399

3,323

SHAREHOLDERS' FUNDS

20,400

3,324

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 21 April 2016 and were signed on its behalf by:

D Love - Director

Mrs E J Love - 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 goods, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

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

Website

-

33% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

9,436

Additions

1,260

At 30 November 2015

10,696

DEPRECIATION

At 1 December 2014

3,145

Charge for year

3,547

At 30 November 2015

6,692

NET BOOK VALUE

At 30 November 2015

4,004

At 30 November 2014

6,291

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

100

Ordinary

0.01

1