Global Capital Market Traders Limited - Accounts to registrar - small 17.1

REGISTERED NUMBER: 06332141

Unaudited Financial Statements for the Year Ended 31 August 2016

for

Global Capital Market Traders Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Woodbridge

SECRETARY:

REGISTERED OFFICE:

1 Hare & Hounds Cottages

Hawkenbury Road

Hawkenbury

Kent

TN12 0DZ

REGISTERED NUMBER:

06332141

ACCOUNTANTS:

J C Woodbridge FCA

Chartered Accountants

1 Hare and Hounds Cottages

Hawkenbury Road

Hawkenbury

Kent

TN12 0DZ

CURRENT ASSETS

Debtors

3

9,319

2,200

Cash at bank

371

512

9,690

2,712

CREDITORS

Amounts falling due within one year

4

2,417

1,043

NET CURRENT ASSETS

7,273

1,669

TOTAL ASSETS LESS CURRENT LIABILITIES

7,273

1,669

CAPITAL AND RESERVES

Called up share capital

5

500

500

Retained earnings

6

6,773

1,169

SHAREHOLDERS' FUNDS

7,273

1,669

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 23 May 2017 and were signed by:

J Woodbridge - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 cost

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

Plant and

machinery

etc

£

COST

At 1 September 2015

and 31 August 2016

357

DEPRECIATION

At 1 September 2015

and 31 August 2016

357

NET BOOK VALUE

At 31 August 2016

-

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.16

31.8.15

£

£

Trade debtors

9,200

2,200

Other debtors

119

-

9,319

2,200

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.16

31.8.15

£

£

Taxation and social security

1,829

428

Other creditors

588

615

2,417

1,043

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

500

Ordinary

1

500

500

Ordinary shares rank pari passu and have equal rights in respect of voting, distributions and dividends.

6.

RESERVES

Retained

earnings

£

At 1 September 2015

1,169

Profit for the year

5,604

At 31 August 2016

6,773