Abbreviated Company Accounts - GERONIMO FESTIVAL UK LIMITED

GERONIMO FESTIVAL UK LIMITED - Company Information

09353442 GERONIMO FESTIVAL UK LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 09353442 2015-08-01 2016-07-31 09353442 2016-07-31 09353442 2015-07-31 09353442 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 09353442 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 09353442

GERONIMO FESTIVAL UK LIMITED

Abbreviated Accounts

31 July 2016

GERONIMO FESTIVAL UK LIMITED Registered Number 09353442

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	4,542	1,375
		4,542	1,375
Current assets
Stocks		1,000	1,750
Debtors		32,160	5,038
Cash at bank and in hand		57,488	139,635
		90,648	146,423
Creditors: amounts falling due within one year		(18,658)	(6,948)
Net current assets (liabilities)		71,990	139,475
Total assets less current liabilities		76,532	140,850
Accruals and deferred income		(1,640)	(800)
Total net assets (liabilities)		74,892	140,050
Capital and reserves
Called up share capital	3	350	200
Share premium account		431,010	281,160
Profit and loss account		(356,468)	(141,310)
Shareholders' funds		74,892	140,050

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 31 March 2017

And signed on their behalf by:
Simon Goldman, Director

GERONIMO FESTIVAL UK LIMITED Registered Number 09353442

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 represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
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:

Fixtures and Fittings: 3 Years Straight line

Other accounting policies
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

The financial statements have been prepared on a going concern basis.

2Tangible fixed assets

	£
Cost
At 1 August 2015	1,500
Additions	4,000
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	5,500
Depreciation
At 1 August 2015	125
Charge for the year	833
On disposals	-
At 31 July 2016	958
Net book values
At 31 July 2016	4,542
At 31 July 2015	1,375

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

	2016 £	2015 £
350 Ordinary shares of £1 each (200 shares for 2015)	350	200