Good Life Events Limited Small abbreviated accounts

Good Life Events Limited Small abbreviated accounts


FY Private Limited Company Company accounts 2017-04-28 2017-04-28 false true false false false false false false false false false false true true 2015-08-01 true xbrli:pure xbrli:shares iso4217:GBP 09153037 2015-08-01 2016-07-31 09153037 2016-07-31 09153037 2015-07-31 09153037 uk-gaap:OfficeEquipment 2015-08-01 2016-07-31 09153037 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2015-08-01 2016-07-31 09153037 uk-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 09153037 uk-bus:Director1 2015-08-01 2016-07-31 09153037 uk-gaap:AllSubsidiaries 2015-08-01 2016-07-31 09153037 uk-bus:OrdinaryShareClass1 2016-07-31 09153037 uk-bus:OrdinaryShareClass1 2015-07-31 09153037 uk-lang:English 2015-08-01 2016-07-31 09153037 uk-curr:PoundSterling 2015-08-01 2016-07-31
COMPANY REGISTRATION NUMBER 09153037
GOOD LIFE EVENTS LIMITED
UNAUDITED ABBREVIATED ACCOUNTS
31 July 2016
N SAHA & CO
Chartered Accountants
133 The Broadway
Mill Hill
London
NW7 4RN
GOOD LIFE EVENTS LIMITED
ABBREVIATED BALANCE SHEET
31 July 2016
2016
2015
Note
£
£
£
FIXED ASSETS
2
Tangible assets
742
-
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CURRENT ASSETS
Stocks
4,122
-
Debtors
14,880
-
Cash at bank and in hand
24,343
31,141
---------
---------
43,345
31,141
CREDITORS: Amounts falling due within one year
80,271
22,948
---------
---------
NET CURRENT (LIABILITIES)/ASSETS
( 36,926)
8,193
---------
-------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 36,184)
8,193
---------
-------
CAPITAL AND RESERVES
Called up equity share capital
3
2
2
Profit and loss account
( 36,186)
8,191
---------
-------
(DEFICIT)/SHAREHOLDERS' FUNDS
( 36,184)
8,193
---------
-------
For the year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
These abbreviated accounts were approved by the directors and authorised for issue on 28 April 2017 , and are signed on their behalf by:
Mr W Burbage Director
Company Registration Number: 09153037
GOOD LIFE EVENTS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
YEAR ENDED 31 JULY 2016
1. ACCOUNTING POLICIES
Basis of accounting
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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Equipment-20% on reducing balance
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
2. FIXED ASSETS
Tangible Assets
£
COST
Additions
928
----
At 31 July 2016
928
----
DEPRECIATION
Charge for year
186
----
At 31 July 2016
186
----
NET BOOK VALUE
At 31 July 2016
742
----
At 31 July 2015
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3. SHARE CAPITAL
Allotted, called up and fully paid:
2016
2015
No.
£
No.
£
Ordinary shares of £ 1 each
2
2
2
2
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