2015-11-01
true
false
Private Limited Company
04305044
2016-10-31
04305044
2015-11-01
2016-10-31
04305044
2015-10-31
04305044
2014-11-01
2015-10-31
04305044
uk-bus:Director1
2015-11-01
2016-10-31
04305044
uk-gaap:PlantMachinery
2015-11-01
2016-10-31
04305044
uk-gaap:ComputerEquipment
2015-11-01
2016-10-31
04305044
uk-gaap:CommercialMotorVehicles
2015-11-01
2016-10-31
04305044
uk-bus:OrdinaryShareClass1
2016-10-31
iso4217:GBP
Guardian Lift Services Ltd |
For the year ended 31 October 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 04305044
2
Guardian Lift Services Ltd
For the year ended 31 October 2016
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Guardian Lift Services Ltd
Accountants' Report
For the year ended 31 October 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 |
October 2016 and you consider that the company is exempt from an audit under the Companies Act 2006. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil |
your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Castle Accounting (Leicester) Ltd
228a Aylestone Lane
Wigston
Leicester
LE18 1BD
25 January 2017
1 of 4
4
Abbreviated Balance Sheet |
Guardian Lift Services Ltd
2016
2015
2
5,557
7,623
5,557
7,623
38,812
71,204
71,204
38,812
Creditors: amounts falling due within one year |
(44,302)
(75,838)
(5,490)
(4,634)
Net current liabilities
Total assets less current liabilities |
923
2,133
(755)
(1,090)
Provisions for liabilities |
168
Net assets
1,043
100
3
100
68
943
168
1,043
Shareholders funds
For the year ended 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
2) 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. |
Date approved by the board: 25 January 2017 |
Mr Dean Blaylock Director |
Signed on behalf of the board of directors |
Mr Dean Blaylock Director |
2 of 4
5
Notes to the Abbreviated Financial Statements |
Guardian Lift Services Ltd
For the year ended 31 October 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Finance lease and hire purchase charges |
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted. |
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the |
shareholders prior to the balance sheet date. |
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Assets on finance lease and hire purchase |
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of |
ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over |
the shorter of the lease term and their estimated expected useful lives. |
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods. |
3 of 4
6
Notes to the Abbreviated Financial Statements |
Guardian Lift Services Ltd
For the year ended 31 October 2016
54,021
54,021
46,398
2,066
Charge for year
48,464
5,557
7,623
Allotted called up and fully paid |
2016
2015
100 Class A shares of £1.00 each |
100
100
100
100
4 of 4