Gnc Technology Ltd - Abbreviated accounts 16.1

Gnc Technology Ltd - Abbreviated accounts 16.1


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REGISTERED NUMBER: 08822700 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Gnc Technology Ltd

Gnc Technology Ltd (Registered number: 08822700)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Gnc Technology Ltd

Company Information
for the Year Ended 31 March 2016







DIRECTORS: Mr P Guha
Mr I Cameron





REGISTERED OFFICE: 7 Cottom Way
Lawley
Telford
Shropshire
TF3 5GG





REGISTERED NUMBER: 08822700 (England and Wales)





ACCOUNTANTS: Columb & Gosling Accountants Ltd
Blount House
Hall Court
Hall Park Way
Telford
Shropshire
TF3 4NQ

Gnc Technology Ltd (Registered number: 08822700)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,814 2,268

CURRENT ASSETS
Debtors 9,765 1,390
Cash at bank 58,133 87,232
67,898 88,622
CREDITORS
Amounts falling due within one year 18,235 35,831
NET CURRENT ASSETS 49,663 52,791
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,477

55,059


CAPITAL AND RESERVES
Called up share capital 3 200 200
Profit and loss account 51,277 54,859
SHAREHOLDERS' FUNDS 51,477 55,059
51,477 55,059

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 directors acknowledge their 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.

Gnc Technology Ltd (Registered number: 08822700)

Abbreviated Balance Sheet - continued
31 March 2016


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 Board of Directors on 19 September 2016 and
were signed on its behalf by:





Mr P Guha - Director


Gnc Technology Ltd (Registered number: 08822700)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention and
in accordance with the Financial Reporting Standard for Smaller Entities
(Effective April 2008)

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 goods, 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.


Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight
line basis over the period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 2,835
DEPRECIATION
At 1 April 2015 567
Charge for year 454
At 31 March 2016 1,021
NET BOOK VALUE
At 31 March 2016 1,814
At 31 March 2015 2,268

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
100 Ordinary A £1 100 100
100 Ordinary B £1 100 100
200 200