Galanthus Consulting Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08750783 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

GALANTHUS CONSULTING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

W A L Thomas

SECRETARY:

Mrs S T Thomas

REGISTERED OFFICE:

2 Lodge Lane

Chalfont St Giles

Buckinghamshire

HP8 4AQ

REGISTERED NUMBER:

08750783 (England and Wales)

ACCOUNTANTS:

Mountsides Limited

Chartered Accountants

2 Mountside

Stanmore

Middlesex

HA7 2DT

FIXED ASSETS

Tangible assets

2

582

1,318

CURRENT ASSETS

Debtors

13,646

27,817

Cash at bank

26,948

56,820

40,594

84,637

CREDITORS

Amounts falling due within one year

35,788

62,104

NET CURRENT ASSETS

4,806

22,533

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,388

23,851

PROVISIONS FOR LIABILITIES

117

264

NET ASSETS

5,271

23,587

CAPITAL AND RESERVES

Called up share capital

3

Profit and loss account

5,268

23,584

SHAREHOLDERS' FUNDS

5,271

23,587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 1 July 2016 and were signed by:

W A L Thomas - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & equipment

-

50% on cost

Computer equipment

-

50% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

3,859

Additions

1,165

At 31 March 2016

5,024

DEPRECIATION

At 1 April 2015

2,541

Charge for year

1,901

At 31 March 2016

4,442

NET BOOK VALUE

At 31 March 2016

582

At 31 March 2015

1,318

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

3

Ordinary

£1

3