Abbreviated Company Accounts - GOLDBERG ENTERPRISES LTD

GOLDBERG ENTERPRISES LTD - Company Information

05708703 GOLDBERG ENTERPRISES LTD 2016-02-25 false 2015-02-26 2016-02-25 true 05708703 2015-02-26 2016-02-25 05708703 2016-02-25 05708703 2015-02-25 05708703 uk-gaap-cd-bus:Director1 2015-02-26 2016-02-25 05708703 uk-gaap-cd-bus:Director2 2015-02-26 2016-02-25 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-26 2016-02-25 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-25 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-25 iso4217:GBP shares

Registered Number 05708703

GOLDBERG ENTERPRISES LTD

Abbreviated Accounts

25 February 2016

GOLDBERG ENTERPRISES LTD Registered Number 05708703

Abbreviated Balance Sheet as at 25 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	80,930	58,540
		80,930	58,540
Current assets
Stocks		168,220	122,000
Debtors		402,210	378,290
Cash at bank and in hand		3,126	1,811
		573,556	502,101
Creditors: amounts falling due within one year		(687,379)	(548,312)
Net current assets (liabilities)		(113,823)	(46,211)
Total assets less current liabilities		(32,893)	12,329
Creditors: amounts falling due after more than one year		(14,800)	(19,600)
Total net assets (liabilities)		(47,693)	(7,271)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(47,695)	(7,273)
Shareholders' funds		(47,693)	(7,271)

For the year ending 25 February 2016 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 24 November 2016

And signed on their behalf by:
John Paul Doble, Director

GOLDBERG ENTERPRISES LTD Registered Number 05708703

Notes to the Abbreviated Accounts for the period ended 25 February 2016

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant & Machinery - 15% p.a of reducing balance
Fixtures & Fittings - 15% p.a of reducing balance
Motor Vehicles - 25% p.a of reducing balance
Equipment - 15% p.a of reducing balance
Software - 15% p.a of reducing balance

2Tangible fixed assets

	£
Cost
At 26 February 2015	76,987
Additions	37,218
Disposals	-
Revaluations	-
Transfers	-
At 25 February 2016	114,205
Depreciation
At 26 February 2015	18,447
Charge for the year	14,828
On disposals	-
At 25 February 2016	33,275
Net book values
At 25 February 2016	80,930
At 25 February 2015	58,540

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

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2