G.E.D. Wealth Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08422413 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

G.E.D. Wealth Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M G Wright

C E Hockin

REGISTERED OFFICE:

The Mill House

Boundary Road

Loudwater

High Wycombe

Bucks.

HP10 9QN

REGISTERED NUMBER:

08422413 (England and Wales)

ACCOUNTANTS:

The Fish Partnership

The Mill House

Boundary Road

Loudwater

High Wycombe

Bucks.

HP10 9QN

FIXED ASSETS

Tangible assets

2

5,409

591

CURRENT ASSETS

Debtors

59,242

39,558

Cash at bank

113,841

56,177

173,083

95,735

CREDITORS

Amounts falling due within one year

78,804

57,499

NET CURRENT ASSETS

94,279

38,236

TOTAL ASSETS LESS CURRENT
LIABILITIES

99,688

38,827

CAPITAL AND RESERVES

Called up share capital

3

20

Profit and loss account

99,668

38,807

SHAREHOLDERS' FUNDS

99,688

38,827

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 2 December 2016 and were signed on
its behalf by:

M G Wright - 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.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

1,775

Additions

7,320

At 31 March 2016

9,095

DEPRECIATION

At 1 April 2015

1,184

Charge for year

2,502

At 31 March 2016

3,686

NET BOOK VALUE

At 31 March 2016

5,409

At 31 March 2015

591

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

10

Ordinary A Shares

£1

10

Ordinary B Shares

£1

10

20