Goswell Professional Services Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07937900 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 29 February 2016

for

Goswell Professional Services Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Director:

Mr Simon Whittaker

Registered office:

10th Floor

1 Canada Square

Canary Wharf

London

E14 5AA

Registered number:

07937900 (England and Wales)

Accountants:

K&B Accountancy Group

10th Floor

1 Canada Square

Canary Wharf

London

E14 5AA

Fixed assets

Tangible assets

2

1,974

2,632

Current assets

Debtors

33,520

31,690

Cash at bank and in hand

100,031

65,613

133,551

97,303

Creditors

Amounts falling due within one year

(35,108

)

(35,094

)

Net current assets

98,443

62,209

Total assets less current liabilities

100,417

64,841

Capital and reserves

Called up share capital

3

100

Profit and loss account

100,317

64,741

Shareholders' funds

100,417

64,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director on 19 September 2016 and were signed by:

Mr Simon Whittaker - Director

1.	Accounting policies

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 services, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange

ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating

result.

2.	Tangible fixed assets

Total

£

COST

At 1 March 2015

and 29 February 2016

4,699

DEPRECIATION

At 1 March 2015

2,067

Charge for year

658

At 29 February 2016

2,725

NET BOOK VALUE

At 29 February 2016

1,974

At 28 February 2015

2,632

3.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

29/2/16

28/2/15

value:

£

100

Ordinary share

1

100