Gifford Hanson Ltd - Abbreviated accounts 16.3
Gifford Hanson Ltd - Abbreviated accounts 16.3
REGISTERED NUMBER: |
GIFFORD HANSON LTD |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2016 |
GIFFORD HANSON LTD (REGISTERED NUMBER: 03030287) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
GIFFORD HANSON LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2016 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
BANKERS: |
GIFFORD HANSON LTD (REGISTERED NUMBER: 03030287) |
ABBREVIATED BALANCE SHEET |
31 AUGUST 2016 |
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
GIFFORD HANSON LTD (REGISTERED NUMBER: 03030287) |
ABBREVIATED BALANCE SHEET - continued |
31 AUGUST 2016 |
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 were approved by the director on |
GIFFORD HANSON LTD (REGISTERED NUMBER: 03030287) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2016 |
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). |
At the balance sheet date the company had accumulated losses of £191,895, the company is reliant on the |
continued support of its director, the director has expressed their intention to continue supporting the company, |
on this basis the financial statements have been prepared on a going concern basis. |
Turnover |
Turnover represents the value excluding Value Added Tax of goods and services provided to customers during |
the year. In respect of goods and services provided, all income is taken to profit and loss at the same point as the |
right to receive consideration has been acquired. |
Tangible fixed assets |
Leasehold property | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
market value is transferred to a revaluation reserve. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Financial instruments |
Financial instruments and equity instruments are classified according to the substance of the contractual |
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of |
the entity after deducting all of its financial liabilities. |
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt |
instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as |
such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the |
profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the |
outstanding liability. |
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability |
then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited |
direct to equity. |
GIFFORD HANSON LTD (REGISTERED NUMBER: 03030287) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2016 |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 September 2015 |
and 31 August 2016 |
DEPRECIATION |
At 1 September 2015 |
Charge for year |
At 31 August 2016 |
NET BOOK VALUE |
At 31 August 2016 |
At 31 August 2015 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
Ordinary | £1 |