Goldnice Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02021137 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

Goldnice Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr A Shillitoe

Mrs C White

SECRETARY:

Mrs V Shillitoe

REGISTERED OFFICE:

No 2 Rushafield Barns

Rushafield Farm

Green Lane

Hyde

Cheshire

SK14 3BD

REGISTERED NUMBER:

02021137 (England and Wales)

ACCOUNTANTS:

Fletchers Chartered Accountants

Albion House

163-167 King Street

Dukinfield

Cheshire

SK16 4LF

FIXED ASSETS

Tangible assets

2

124,710

CURRENT ASSETS

Debtors

1,300

-

Cash at bank

5,243

4,217

6,543

4,217

CREDITORS

Amounts falling due within one year

25,722

26,426

NET CURRENT LIABILITIES

(19,179

)

(22,209

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

105,531

102,501

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

105,431

102,401

SHAREHOLDERS' FUNDS

105,531

102,501

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 9 February 2017 and were signed on
its behalf by:

Mrs C White - 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.

Plant and machinery etc

-

25% on reducing balance and 15% on 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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

127,969

DEPRECIATION

At 1 August 2015

and 31 July 2016

3,259

NET BOOK VALUE

At 31 July 2016

124,710

At 31 July 2015

124,710

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

100

Ordinary

1

100