GP Catering Associates Ltd Small abbreviated accounts

GP CATERING ASSOCIATES LTD - Company Information

FY Private Limited Company Company accounts 2017-01-26 2017-01-26 false true false false false false false false false false false false true true 2015-11-01 true xbrli:pure xbrli:shares iso4217:GBP 04563216 2015-11-01 2016-10-31 04563216 2016-10-31 04563216 2015-10-31 04563216 2015-10-31 04563216 uk-gaap:FixturesFittings 2015-11-01 2016-10-31 04563216 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2015-11-01 2016-10-31 04563216 uk-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 04563216 uk-bus:Director2 2015-11-01 2016-10-31 04563216 uk-gaap:AllSubsidiaries 2015-11-01 2016-10-31 04563216 uk-bus:OrdinaryShareClass1 2016-10-31 04563216 uk-bus:OrdinaryShareClass1 2015-10-31 04563216 uk-gaap:FixturesFittings 2016-10-31 04563216 uk-bus:Director1 2015-11-01 2016-10-31 04563216 uk-lang:English 2015-11-01 2016-10-31 04563216 uk-curr:PoundSterling 2015-11-01 2016-10-31

COMPANY REGISTRATION NUMBER 04563216

GP CATERING ASSOCIATES LTD

UNAUDITED ABBREVIATED ACCOUNTS

31 October 2016

STEWART ASSOCIATES SHREWSBURY LTD

Chartered Accountants

Emstrey House North

Shrewsbury Business Park

Shrewsbury

Shropshire

SY2 6LG

GP CATERING ASSOCIATES LTD

ABBREVIATED BALANCE SHEET

31 October 2016

		2016		2015
Note		£	£	£	£
Fixed Assets	2
Tangible assets			5		35
Investments			265,000		265,000
			----------		----------
			265,005		265,035

Current Assets

Debtors	6,070		4,140
Cash at bank and in hand	293,305		231,606
	----------		----------
	299,375		235,746
Creditors: Amounts Falling due Within One Year	47,285		40,974
	----------		----------
Net Current Assets		252,090		194,772
		----------		----------
Total Assets Less Current Liabilities		517,095		459,807
		----------		----------

Capital and Reserves

Called up equity share capital	3	2	2
Profit and loss account		517,093	459,805
		----------	----------
Shareholders' Funds		517,095	459,807
		----------	----------

For the year ended 31st October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved and signed by the director and authorised for issue on 23 January 2017 .

Mr N Lee

Company Registration Number: 04563216

GP CATERING ASSOCIATES LTD

NOTES TO THE ABBREVIATED ACCOUNTS

YEAR ENDED 31st OCTOBER 2016

1. Accounting Policies

Basis of Accounting

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

The turnover shown in the profit and loss account represents amounts invoiced during the year.

Fixed Assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings-15% straight line

Financial Instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

2. Fixed Assets

Tangible Assets	Investments	Total
£	£	£

Cost

At 1st November 2015 and 31st October 2016	1,869	265,000	266,869
	-------	----------	----------

Depreciation

At 1st November 2015	1,834	–	1,834
Charge for year	30	–	30
	-------	----------	----------
At 31st October 2016	1,864	–	1,864
	-------	----------	----------

Net Book Value

At 31st October 2016	5	265,000	265,005
	----	----------	----------

At 31st October 2015	35	265,000	265,035
	----	----------	----------

On 31st October 2016 the investment properties were revalued by Mr N Lee , a director of the company on an open market value basis in the sum of £265,000.

3. Share Capital

Allotted, called up and fully paid:

	2016		2015
	No.	£	No.	£
Ordinary shares of £ 1 each	2	2	2	2
	----	----	----	----