Gypcom Management Ltd - Period Ending 2016-09-30

Registration number: 08743792

Gypcom Management Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2016
 

Gypcom Management Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Gypcom Management Ltd
(Registration number: 08743792)
Abbreviated Balance Sheet at 30 September 2016

		Note			2016 £			2015 £
Fixed assets
Investments					2,000			2,000
Current assets
Debtors					1,138,180			1,198,590
Net assets					1,140,180			1,200,590
Capital and reserves
Called up share capital		3			1,000			1,000
Profit and loss account					1,139,180			1,199,590
Shareholders' funds					1,140,180			1,200,590

For the year ending 30 September 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 24 May 2017 and signed on its behalf by:

.........................................
Mr M L Jones
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Gypcom Management Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Investments £			Total £
Cost
At 1 October 2015		2,000			2,000
At 30 September 2016		2,000			2,000
Depreciation
At 30 September 2016		-			-
Net book value
At 30 September 2016		2,000			2,000
At 30 September 2015		2,000			2,000

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Gypcom Limited	England & Wales	Ordinary shares	100%	specialist rendering and rainscreen cladding

Page 2

Gypcom Management Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

Gypcom Property Limited

England & Wales

Ordinary shares

100%

property ownership and rental

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		1,000			1,000			1,000			1,000

Page 3