GMhD Associates Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08061790 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

GMhD Associates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P G Mortimer

Mrs H A Mortimer

REGISTERED OFFICE:

Loft 4

The Rifle Maker

32-35 Water Street

Birmingham

B3 1HL

REGISTERED NUMBER:

08061790 (England and Wales)

ACCOUNTANTS:

CUNNINGHAMS

Number Sixty One

Alexandra Road

Lowestoft

Suffolk

NR32 1PL

FIXED ASSETS

Tangible assets

2

3

105

Investments

3

10,000

-

10,003

105

CURRENT ASSETS

Debtors

2,600

-

Cash at bank

32,086

39,826

34,686

39,826

CREDITORS

Amounts falling due within one year

6,394

4,036

NET CURRENT ASSETS

28,292

35,790

TOTAL ASSETS LESS CURRENT
LIABILITIES

38,295

35,895

CAPITAL AND RESERVES

Called up share capital

4

200

Profit and loss account

38,095

35,695

SHAREHOLDERS' FUNDS

38,295

35,895

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 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 27 February 2017 and were signed on its behalf
by:

Mrs H A Mortimer - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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

-

33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

1,153

DEPRECIATION

At 1 June 2015

1,048

Charge for year

102

At 31 May 2016

1,150

NET BOOK VALUE

At 31 May 2016

3

At 31 May 2015

105

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

10,000

At 31 May 2016

10,000

NET BOOK VALUE

At 31 May 2016

10,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

100

Ordinary A

£1

100

Ordinary B

£1

100

200