Company Registration No. 3988680 (England and Wales)
Gulf Transport Utilities Limited
Abbreviated unaudited accounts
for the year ended 31 May 2016
Gulf Transport Utilities Limited
Abbreviated Balance Sheet
as at 31 May 2016
Creditors: amounts falling due within one year
(200,014)
(200,014)
Net current liabilities
(200,014)
(200,014)
Net liabilities
(200,014)
(200,014)
Called up share capital
1
1
Profit and loss account
(200,015)
(200,015)
Total shareholders' funds
(200,014)
(200,014)
For the year ending 31 May 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 20 December 2016
S Zayat
Director
Company Registration No. 3988680
Gulf Transport Utilities Limited
Notes to the Abbreviated Accounts
for the year ended 31 May 2016
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Fundamental Accounting Concept
The accounts have been prepared on the coing concern basis, as the loan creditor has agreed to provide financial support to the company until such time as it has sufficient net assets to meet all other liabilities and commitments.
Due to a reduction in funding currently available the company has placed itself in a dormant state.
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
