Good Life Consulting Limited


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Registered number: 08178688
Good Life Consulting Limited
Abbreviated accounts
For The Year Ended 31 July 2016
Four Accountancy

4 Tinshill Lane
Leeds
West Yorkshire
LS16 7AP
Abbreviated Balance Sheet
2016 2015
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 2 310 414
310 414
CURRENT ASSETS
Debtors 1,668 3,870
Cash at bank and in hand 15,260 7,570
16,928 11,440
Creditors: Amounts Falling Due Within One Year (17,000) (7,712)
NET CURRENT ASSETS (LIABILITIES) (72) 3,728
TOTAL ASSETS LESS CURRENT LIABILITIES 238 4,142
NET ASSETS 238 4,142
CAPITAL AND RESERVES
Called up share capital 3 10 10
Profit and Loss Account 228 4,132
SHAREHOLDERS' FUNDS 238 4,142
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For the year ending 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
  • The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
Mr Lee Dawson
29/09/2016
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Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25% reducing balance
Tangible Assets
Total
Cost £
As at 1 August 2015 736
As at 31 July 2016 736
Depreciation
As at 1 August 2015 322
Provided during the period 104
As at 31 July 2016 426
Net Book Value
As at 31 July 2016 310
As at 1 August 2015 414
Share Capital
Value Number 2016 2015
Allotted, called up and fully paid £ £ £
Ordinary shares 1.000 10 10 10
Ultimate Controlling Party
The company's ultimate controlling party is Lee Dawson by virtue of his ownership of 100% of the issued share capital in the company.
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