| Gemkat Limited |
| Registered number: |
06045650 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
9,350 |
|
|
10,200 |
| Tangible assets |
3 |
|
|
11,238 |
|
|
14,984 |
|
|
|
|
20,588 |
|
|
25,184 |
|
| Current assets |
| Debtors |
|
|
22,029 |
|
|
14,743 |
| Cash at bank and in hand |
|
|
12,852 |
|
|
5,123 |
|
|
|
34,881 |
|
|
19,866 |
|
| Creditors: amounts falling due within one year |
|
|
(38,650) |
|
|
(23,331) |
|
| Net current liabilities |
|
|
|
(3,769) |
|
|
(3,465) |
|
| Net assets |
|
|
|
16,819 |
|
|
21,719 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
16,719 |
|
|
21,619 |
|
| Shareholders' funds |
|
|
|
16,819 |
|
|
21,719 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his 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. |
|
|
|
| Mr J Aldridge |
| Director |
| Approved by the board on 16 November 2016 |
|
| Gemkat Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 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. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance |
|
Motor vehicles |
25% reducing balance |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
17,000 |
|
At 31 March 2016 |
17,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2015 |
6,800 |
|
Provided during the year |
850 |
|
At 31 March 2016 |
7,650 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
9,350 |
|
At 31 March 2015 |
10,200 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
24,202 |
|
At 31 March 2016 |
24,202 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
9,218 |
|
Charge for the year |
3,746 |
|
At 31 March 2016 |
12,964 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
11,238 |
|
At 31 March 2015 |
14,984 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
