Abbreviated Company Accounts - GALAXY HOMES LIMITED

GALAXY HOMES LIMITED - Company Information

07011551 GALAXY HOMES LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 07011551 2014-11-01 2015-10-31 07011551 2015-10-31 07011551 2014-10-31 07011551 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 07011551 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 07011551

GALAXY HOMES LIMITED

Abbreviated Accounts

31 October 2015

GALAXY HOMES LIMITED Registered Number 07011551

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Current assets
Stocks		33,046	28,282
Debtors		127,329	127,053
Cash at bank and in hand		2,046	339
		162,421	155,674
Creditors: amounts falling due within one year		(2,825)	(2,579)
Net current assets (liabilities)		159,596	153,095
Total assets less current liabilities		159,596	153,095
Total net assets (liabilities)		159,596	153,095
Capital and reserves
Called up share capital	2	2	2
Share premium account		139,999	139,999
Profit and loss account		19,595	13,094
Shareholders' funds		159,596	153,095

For the year ending 31 October 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 29 July 2016

And signed on their behalf by:
Mr. T.A. Moralee, Director

GALAXY HOMES LIMITED Registered Number 07011551

Notes to the Abbreviated Accounts for the period ended 31 October 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.

Other accounting policies
Stock and Work in Progress - Closing stock comprises a plot of land for resale and the relevant costs to date incurred in order to bring that plot of land into commercial use, all of which is valued at the lower of cost and net realisable value.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
200 Ordinary shares of £0.01 each	2	2