Abbreviated Company Accounts - GDAC LIMITED

09751290 GDAC LIMITED 2016-03-31 false 2015-08-27 2016-03-31 true 09751290 2015-08-27 2016-03-31 09751290 2016-03-31 09751290 uk-gaap-cd-bus:Director1 2015-08-27 2016-03-31 09751290 uk-gaap-cd-bus:Director2 2015-08-27 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-27 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 iso4217:GBP shares

Registered Number 09751290

GDAC LIMITED

Abbreviated Accounts

31 March 2016

GDAC LIMITED Registered Number 09751290

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	3,320
		3,320
Current assets
Cash at bank and in hand		125
		125
Creditors: amounts falling due within one year		(1,676)
Net current assets (liabilities)		(1,551)
Total assets less current liabilities		1,769
Total net assets (liabilities)		1,769
Capital and reserves
Called up share capital	3	100
Profit and loss account		1,669
Shareholders' funds		1,769

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 30 December 2016

And signed on their behalf by:
Mr Oliver Pittlik, Director

GDAC LIMITED Registered Number 09751290

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
FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of
discounts and value added taxes. Turnover includes revenue earned from the sale of goods and
from the rendering of services. Turnover from the sale of goods is recognised when the significant
risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the
rendering of services is recognised by reference to the stage of completion of the contract. The
stage of completion of a contract is measured by comparing the costs incurred for work performed
to date to the total estimated contract costs.

Tangible assets depreciation policy
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative
impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land,
at rates calculated to write off the cost, less estimated residual value, of each asset evenly over
its expected useful life, as follows:
Plant and machinery : 20% straight line

2Tangible fixed assets

	£
Cost
Additions	4,150
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	4,150
Depreciation
Charge for the year	830
On disposals	-
At 31 March 2016	830
Net book values
At 31 March 2016	3,320

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £
100 Ordinary shares of £1 each	100