Gemini Rental Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04669799 (England and Wales)

Abbreviated Accounts for the Year Ended 29 February 2016

for

Gemini Rental Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs J M Cockerill

SECRETARY:

REGISTERED OFFICE:

99 Canterbury Road

Whitstable

Kent

CT5 4HG

REGISTERED NUMBER:

04669799 (England and Wales)

ACCOUNTANTS:

P H Accountancy Ltd

99 Canterbury Road

Whitstable

Kent

CT5 4HG

FIXED ASSETS

Tangible assets

2

125,000

CURRENT ASSETS

Debtors

1,137

1,440

Cash at bank

978

710

2,115

2,150

CREDITORS

Amounts falling due within one year

480

1,847

NET CURRENT ASSETS

1,635

303

TOTAL ASSETS LESS CURRENT
LIABILITIES

126,635

125,303

CREDITORS

Amounts falling due after more than one
year

71,505

NET ASSETS

55,130

53,798

CAPITAL AND RESERVES

Called up share capital

3

100

Revaluation reserve

55,466

Profit and loss account

(436

)

(1,768

)

SHAREHOLDERS' FUNDS

55,130

53,798

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 8 July 2016 and were signed by:

Mrs J M Cockerill - 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.

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 March 2015

and 29 February 2016

125,479

DEPRECIATION

At 1 March 2015

and 29 February 2016

479

NET BOOK VALUE

At 29 February 2016

125,000

At 28 February 2015

125,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100