Gerrard Consulting Limited - Limited company - abbreviated - 11.0.0

Abbreviated Unaudited Accounts for the Year Ended 31 August 2014

for

Gerrard Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P Gerrard

Mrs J M Gerrard

SECRETARY:

J Gerrard

REGISTERED OFFICE:

1 Old Forge Close

Maidenhead

SL6 2RD

REGISTERED NUMBER:

01790296 (England and Wales)

ACCOUNTANT:

Peter Upton

Chartered Accountant

PO Box 782

Maidenhead

Berks

SL6 1FR

FIXED ASSETS

Intangible assets

2

5,232

5,988

Tangible assets

3

1,567

1,792

6,799

7,780

CURRENT ASSETS

Stocks

8,520

673

Debtors

3,035

12,642

Cash at bank and in hand

21,412

20,619

32,967

33,934

CREDITORS

Amounts falling due within one year

7,223

10,406

NET CURRENT ASSETS

25,744

23,528

TOTAL ASSETS LESS CURRENT LIABILITIES

32,543

31,308

PROVISIONS FOR LIABILITIES

313

378

NET ASSETS

32,230

30,930

CAPITAL AND RESERVES

Called up share capital

4

100

150

Capital redemption reserve

50

-

Profit and loss account

32,080

30,780

SHAREHOLDERS' FUNDS

32,230

30,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 22 October 2014 and were signed on its behalf by:

P Gerrard - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect

of service contracts where turnover is recognised when the company obtains the right to

consideration.

Tangible fixed assets

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

Computer equipment

-

25% on cost

Deferred tax

Deferred tax assets and liabilities are recognised in the balance sheet in respect of all timing

differences that have originated but not reversed at the balance sheet date where transactions

or events that result in an obligation to pay more or a right to pay less tax in the future have

occurred by the balance sheet date.

Deferred tax is calculated on an undiscounted basis at the tax rates that are expected to apply

in the periods in which the timing differences are expected to reverse. Any movements in the

year are recognised in the profit and loss account.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which

they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

and 31 August 2014

27,000

AMORTISATION

At 1 September 2013

21,012

Amortisation for year

756

At 31 August 2014

21,768

NET BOOK VALUE

At 31 August 2014

5,232

At 31 August 2013

5,988

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

11,293

Additions

828

Disposals

(887

)

At 31 August 2014

11,234

DEPRECIATION

At 1 September 2013

9,501

Charge for year

1,041

Eliminated on disposal

(875

)

At 31 August 2014

9,667

NET BOOK VALUE

At 31 August 2014

1,567

At 31 August 2013

1,792

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

£

100

Ordinary

£1

100

150

(31.8.13 - 150 )