GTD Developments Limited |
Registered number: |
05695631 |
Abbreviated Balance Sheet |
as at 29 February 2016 |
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Current assets |
Stocks |
|
|
1,362,076 |
|
|
1,362,076 |
Debtors |
|
|
2,682 |
|
|
2,727 |
Cash at bank and in hand |
|
|
47,894 |
|
|
15,393 |
|
|
|
1,412,652 |
|
|
1,380,196 |
|
Creditors: amounts falling due within one year |
|
|
(443,413) |
|
|
(436,261) |
|
Net current assets |
|
|
|
969,239 |
|
|
943,935 |
|
Total assets less current liabilities |
|
|
|
969,239 |
|
|
943,935 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(777,891) |
|
|
(796,754) |
|
|
|
Net assets |
|
|
|
191,348 |
|
|
147,181 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
2 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
191,248 |
|
|
147,081 |
|
Shareholders' funds |
|
|
|
191,348 |
|
|
147,181 |
|
|
|
|
|
|
|
|
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. |
|
|
|
G Cummings |
Director |
Approved by the board on 4 November 2016 |
|
GTD Developments Limited |
Notes to the Abbreviated Accounts |
for the year ended 29 February 2016 |
|
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 value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|