Abbreviated Company Accounts - GBS ROOFING LIMITED

GBS ROOFING LIMITED - Company Information

NI607340 GBS ROOFING LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true NI607340 2015-08-01 2016-07-31 NI607340 2016-07-31 NI607340 2015-07-31 NI607340 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 NI607340 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number NI607340

GBS ROOFING LIMITED

Abbreviated Accounts

31 July 2016

GBS ROOFING LIMITED Registered Number NI607340

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	13,602	8,343
		13,602	8,343
Current assets
Stocks		253,432	126,716
Debtors		589,064	160,136
Cash at bank and in hand		52,521	5,273
		895,017	292,125
Creditors: amounts falling due within one year		(747,353)	(177,897)
Net current assets (liabilities)		147,664	114,228
Total assets less current liabilities		161,266	122,571
Provisions for liabilities		(2,720)	-
Total net assets (liabilities)		158,546	122,571
Capital and reserves
Called up share capital	3	60,000	60,000
Profit and loss account		98,546	62,571
Shareholders' funds		158,546	122,571

For the year ending 31 July 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 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.

Approved by the Board on 30 September 2016

And signed on their behalf by:
Barry Mairs, Director

GBS ROOFING LIMITED Registered Number NI607340

Notes to the Abbreviated Accounts for the period ended 31 July 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts

Tangible assets depreciation policy
Motor vehicles, plant, fixtures & fittings are all depreciated at 25% per annum on a straight line basis

2Tangible fixed assets

	£
Cost
At 1 August 2015	23,415
Additions	9,650
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	33,065
Depreciation
At 1 August 2015	15,072
Charge for the year	4,391
On disposals	-
At 31 July 2016	19,463
Net book values
At 31 July 2016	13,602
At 31 July 2015	8,343

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
60,000 Ordinary shares of £1 each	60,000	60,000