Gentle Designs Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04879920 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

FOR

GENTLE DESIGNS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

G Sutcliffe

REGISTERED OFFICE:

36 Riverside

Eynsford

Dartford

Kent

DA4 0AE

REGISTERED NUMBER:

04879920 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Tangible assets

2

1,230

284

CURRENT ASSETS

Debtors

2,982

6,816

Cash at bank

25,402

23,577

28,384

30,393

CREDITORS

Amounts falling due within one year

17,425

18,626

NET CURRENT ASSETS

10,959

11,767

TOTAL ASSETS LESS CURRENT LIABILITIES

12,189

12,051

PROVISIONS FOR LIABILITIES

203

101

NET ASSETS

11,986

11,950

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

11,984

11,948

SHAREHOLDERS' FUNDS

11,986

11,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 18 December 2016 and were signed by:

G Sutcliffe - 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 sales of services less adjustment for vat paid under the Flat Rate Scheme.

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

-

25% per annum on reducing balance

Fixtures and fittings

-

25% per annum on reducing balance

Computer equipment

-

25% per annum on reducing balance

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

1,394

Additions

1,189

At 31 August 2016

2,583

DEPRECIATION

At 1 September 2015

1,110

Charge for year

243

At 31 August 2016

1,353

NET BOOK VALUE

At 31 August 2016

1,230

At 31 August 2015

284

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1

Ordinary shares

£1

1

1

1

Ordinary A shares

£1

1

1

2

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES