G.L.P. Evans Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04593581 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

G.L.P. Evans Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

G L P Evans

SECRETARY:

Mrs C M Evans

REGISTERED OFFICE:

The Old School

The Quay

Carmarthen

Carmarthenshire

SA31 3JP

REGISTERED NUMBER:

04593581 (England and Wales)

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

83,521

95,483

83,521

95,483

CURRENT ASSETS

Stocks

2,910

1,680

Debtors

41,753

30,022

Cash at bank

24,413

37,289

69,076

68,991

CREDITORS

Amounts falling due within one year

28,991

34,116

NET CURRENT ASSETS

40,085

34,875

TOTAL ASSETS LESS CURRENT
LIABILITIES

123,606

130,358

PROVISIONS FOR LIABILITIES

11,886

14,278

NET ASSETS

111,720

116,080

CAPITAL AND RESERVES

Called up share capital

4

3

Profit and loss account

111,717

116,077

SHAREHOLDERS' FUNDS

111,720

116,080

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 21 December 2016 and were signed by:

G L P Evans - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

17,000

AMORTISATION

At 1 April 2015

and 31 March 2016

17,000

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

104,967

Additions

3,078

At 31 March 2016

108,045

DEPRECIATION

At 1 April 2015

9,484

Charge for year

15,040

At 31 March 2016

24,524

NET BOOK VALUE

At 31 March 2016

83,521

At 31 March 2015

95,483

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1

'A' Ordinary

£1

1

'B' Ordinary

£1

1

'C' & 'D' Ordinary

£1

1

3