Abbreviated Company Accounts - GJS DILLON LIMITED

Abbreviated Company Accounts - GJS DILLON LIMITED


Registered Number 09790939

GJS DILLON LIMITED

Abbreviated Accounts

30 September 2016

GJS DILLON LIMITED Registered Number 09790939

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016
£
Fixed assets
Tangible assets 2 35,162
35,162
Current assets
Debtors 103,224
Cash at bank and in hand 53,703
156,927
Creditors: amounts falling due within one year (99,749)
Net current assets (liabilities) 57,178
Total assets less current liabilities 92,340
Total net assets (liabilities) 92,340
Capital and reserves
Called up share capital 3 100
Profit and loss account 92,240
Shareholders' funds 92,340
  • For the year ending 30 September 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 5 January 2017

And signed on their behalf by:
Mr J P Dillon, Director

GJS DILLON LIMITED Registered Number 09790939

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold No depreciation
Computer equipment 33% Straight line
Fixtures, fittings & equipment 20% Straight line

2Tangible fixed assets
£
Cost
Additions 37,726
Disposals -
Revaluations -
Transfers -
At 30 September 2016 37,726
Depreciation
Charge for the year 2,564
On disposals -
At 30 September 2016 2,564
Net book values
At 30 September 2016 35,162
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
100 Ordinary shares of £1 each 100