GAISFORDS LIMITED |
Registered number: |
02999724 |
Abbreviated Balance Sheet |
as at 31 December 2015 |
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
567 |
|
|
807 |
|
Current assets |
Debtors |
|
|
422 |
|
|
1,502 |
Cash at bank and in hand |
|
|
3,910 |
|
|
4,567 |
|
|
|
4,332 |
|
|
6,069 |
|
Creditors: amounts falling due within one year |
|
|
(2,474) |
|
|
(2,757) |
|
Net current assets |
|
|
|
1,858 |
|
|
3,312 |
|
Net assets |
|
|
|
2,425 |
|
|
4,119 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
2,423 |
|
|
4,117 |
|
Shareholders' funds |
|
|
|
2,425 |
|
|
4,119 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
E G Gaisford |
Director |
Approved by the board on 13 July 2016 |
|
GAISFORDS LIMITED |
Notes to the Abbreviated Accounts |
for the year ended 31 December 2015 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of discounts, of work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: |
|
|
Plant and machinery |
25% on reducing balance |
|
Motor vehicle |
25% on reducing balance |
|
Computer equipment |
25% on cost |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2015 |
12,360 |
|
At 31 December 2015 |
12,360 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2015 |
11,553 |
|
Charge for the year |
240 |
|
At 31 December 2015 |
11,793 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2015 |
567 |
|
At 31 December 2014 |
807 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|