Gary Malkin Limited - Period Ending 2016-04-30

Registration number: 07593280

Gary Malkin Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2016
 

CRK Accounting Limited
12a Fleet Business Park
Fleet
Hants
GU52 8BF

Gary Malkin Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Gary Malkin Limited
(Registration number: 07593280)
Abbreviated Balance Sheet at 30 April 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					758			1,011
Current assets
Debtors					45,624			46,746
Cash at bank and in hand					4,431			5,223
					50,055			51,969
Creditors: Amounts falling due within one year					(50,398)			(52,062)
Net current liabilities					(343)			(93)
Net assets					415			918
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					414			917
Shareholders' funds					415			918

For the year ending 30 April 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 director acknowledges his 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 director on 31 January 2016

.........................................
Mr GV Malkin
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Gary Malkin Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office Equipment	25% Reducing Balance
Fixtures and Fittings	25% 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	Fixed assets

		Tangible assets £			Total £
Cost
At 1 May 2015		3,179			3,179
At 30 April 2016		3,179			3,179
Depreciation
At 1 May 2015		2,168			2,168
Charge for the year		253			253
At 30 April 2016		2,421			2,421
Net book value
At 30 April 2016		758			758
At 30 April 2015		1,011			1,011

Page 2

Gary Malkin Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		1			1			1			1

Page 3