Gary J Ashmore Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08150576 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

GARY J ASHMORE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

G J Ashmore

REGISTERED OFFICE:

19 Highfield Road

Edgbaston

Birmingham

B15 3BH

REGISTERED NUMBER:

08150576 (England and Wales)

FIXED ASSETS

Investments

2

100,000

100,100

CURRENT ASSETS

Debtors

48,308

50,633

Cash at bank

21,718

40,203

70,026

90,836

CREDITORS

Amounts falling due within one year

30,991

58,345

NET CURRENT ASSETS

39,035

32,491

TOTAL ASSETS LESS CURRENT LIABILITIES

139,035

132,591

CAPITAL AND RESERVES

Called up share capital

3

200

Profit and loss account

138,835

132,391

SHAREHOLDERS' FUNDS

139,035

132,591

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 director acknowledges his 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 director on 22 December 2016 and were signed by:

G J Ashmore - 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.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

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.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

100,100

Disposals

(100

)

At 31 March 2016

100,000

NET BOOK VALUE

At 31 March 2016

100,000

At 31 March 2015

100,100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

JOINT VENTURE

Austral Ryley Limited

Nature of business: Accountancy practice now dormant

%

Class of shares:

holding

Ordinary

50.00

2016

2015

£

Aggregate capital and reserves

-

(454

)

Loss for the year

-

(125

)

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

200

Ordinary

1.00

200