GTE_CONSULTANCY_LIMITED - Accounts

GTE CONSULTANCY LIMITED - Company Information

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Company Registration No. 05764814 (England and Wales)

GTE CONSULTANCY LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

GTE CONSULTANCY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

GTE CONSULTANCY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Current assets

Debtors

9,121

9,312

Cash at bank and in hand

110,293

113,482

119,414

122,794

Creditors: amounts falling due within one year

(13,943)

(19,377)

Total assets less current liabilities

105,471

103,417

Capital and reserves

Called up share capital

Profit and loss account

105,470

103,416

Shareholders' funds

105,471

103,417

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 7 December 2016

G Bower

Director

Company Registration No. 05764814

GTE CONSULTANCY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

50% straight line

1.5

Pensions

The

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary of £1 each

Ultimate parent company

The ultimate controlling party is the director.