Abbreviated Company Accounts - GAMEZ GALORE LIMITED

GAMEZ GALORE LIMITED - Company Information

07482881 GAMEZ GALORE LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 07482881 2015-04-01 2016-03-31 07482881 2016-03-31 07482881 2015-03-31 07482881 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07482881 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 07482881

GAMEZ GALORE LIMITED

Abbreviated Accounts

31 March 2016

GAMEZ GALORE LIMITED Registered Number 07482881

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	9,105	2,824
		9,105	2,824
Current assets
Stocks		48,300	52,500
Debtors	3	30,544	19,737
Cash at bank and in hand		10,159	-
		89,003	72,237
Creditors: amounts falling due within one year	4	(60,980)	(67,123)
Net current assets (liabilities)		28,023	5,114
Total assets less current liabilities		37,128	7,938
Creditors: amounts falling due after more than one year	4	0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		37,128	7,938
Capital and reserves
Called up share capital	5	1	1
Profit and loss account		37,127	7,937
Shareholders' funds		37,128	7,938

For the year ending 31 March 2016 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 2 June 2016

And signed on their behalf by:
Mr I D Leitner, Director

GAMEZ GALORE LIMITED Registered Number 07482881

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

Turnover policy
Turnover represents the value, net, of VAT and discounts, of goods and services provided to customers and work carried out in respect of service provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to wrote off the assets over their estimated useful life;

Plant and Machinery - 20% Straight Line
Motor Vehicle - 25% Straight Line

2Tangible fixed assets

	£
Cost
At 1 April 2015	4,361
Additions	8,871
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	13,232
Depreciation
At 1 April 2015	1,537
Charge for the year	2,590
On disposals	-
At 31 March 2016	4,127
Net book values
At 31 March 2016	9,105
At 31 March 2015	2,824

3Debtors

All Debtors are due within one year

4Creditors

	2016 £	2015 £
Secured Debts	60,980	67,123

5Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1