Abbreviated Company Accounts - GLYCONICS LIMITED

08742201 GLYCONICS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 08742201 2015-04-01 2016-03-31 08742201 2016-03-31 08742201 2015-03-31 08742201 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08742201 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08742201

GLYCONICS LIMITED

Abbreviated Accounts

31 March 2016

GLYCONICS LIMITED Registered Number 08742201

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	7,109	10,100
		7,109	10,100
Current assets
Debtors	3	-	268
Cash at bank and in hand		1,000	942
		1,000	1,210
Creditors: amounts falling due within one year	4	(25,073)	(5,330)
Net current assets (liabilities)		(24,073)	(4,120)
Total assets less current liabilities		(16,964)	5,980
Total net assets (liabilities)		(16,964)	5,980
Capital and reserves
Called up share capital	5	100	100
Share premium account		4,250	-
Profit and loss account		(21,314)	5,880
Shareholders' funds		(16,964)	5,980

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.

Approved by the Board on 1 December 2016

And signed on their behalf by:
Berwyn Clarke, Director

GLYCONICS LIMITED Registered Number 08742201

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets

	£
Cost
At 1 April 2015	12,473
Additions	0
Disposals	(466)
Revaluations	-
Transfers	-
At 31 March 2016	12,007
Depreciation
At 1 April 2015	2,373
Charge for the year	2,525
On disposals	-
At 31 March 2016	4,898
Net book values
At 31 March 2016	7,109
At 31 March 2015	10,100

3Debtors

	2016 £	2015 £
Debtors include the following amounts due after more than one year	0	268

4Creditors

	2016 £	2015 £
Secured Debts	25,073	5,330

5Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
10,050 Ordinary shares of £0.01 each (100 shares for 2015)	101	1