Abbreviated Company Accounts - GREEN GATE LONDON LTD

GREEN GATE LONDON LTD - Company Information

08315492 GREEN GATE LONDON LTD 2015-12-31 false 2015-01-01 2015-12-31 true 08315492 2015-01-01 2015-12-31 08315492 2015-12-31 08315492 2014-12-31 08315492 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 08315492 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-12-31 iso4217:GBP shares

Registered Number 08315492

GREEN GATE LONDON LTD

Abbreviated Accounts

31 December 2015

GREEN GATE LONDON LTD Registered Number 08315492

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	974	-
		974	-
Current assets
Stocks		101,591	65,198
Debtors		23,355	19,695
Cash at bank and in hand		134,434	17,656
		259,380	102,549
Creditors: amounts falling due within one year		(73,059)	(37,850)
Net current assets (liabilities)		186,321	64,699
Total assets less current liabilities		187,295	64,699
Creditors: amounts falling due after more than one year		(20,000)	(20,000)
Total net assets (liabilities)		167,295	44,699
Capital and reserves
Called up share capital	3	50,070	50,070
Profit and loss account		117,225	(5,371)
Shareholders' funds		167,295	44,699

For the year ending 31 December 2015 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 26 October 2016

And signed on their behalf by:
Innessa Bauer, Director

GREEN GATE LONDON LTD Registered Number 08315492

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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 total invoice value, excluding VAT, of fees charged during the year and derives from the provision of services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% reducing balance

Other accounting policies
Deferred taxation
Provision is made for deferred taxation using the liability method to take account of timing differences between the incidence of income and expenditure for taxation and accounting purposes, except to the extent that the director considers that a liability to taxation is unlikely to materialise.

2Tangible fixed assets

	£
Cost
At 1 January 2015	0
Additions	1,299
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	1,299
Depreciation
At 1 January 2015	0
Charge for the year	325
On disposals	-
At 31 December 2015	325
Net book values
At 31 December 2015	974
At 31 December 2014	0

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
70 Ordinary class 1 shares of £1 each	70	70
50,000 Ordinary class 2 shares of £1 each	50,000	50,000