| Gateway Barbers Limited |
| Registered number: |
08185176 |
| Abbreviated Balance Sheet |
| as at 31 August 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
216 |
|
|
397 |
|
| Current assets |
| Cash at bank and in hand |
|
|
195 |
|
|
948 |
|
| Creditors: amounts falling due within one year |
|
|
(31,870) |
|
|
(29,775) |
|
| Net current liabilities |
|
|
|
(31,675) |
|
|
(28,827) |
|
| Net liabilities |
|
|
|
(31,459) |
|
|
(28,430) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
20 |
|
|
20 |
| Profit and loss account |
|
|
|
(31,479) |
|
|
(28,450) |
|
| Shareholder's funds |
|
|
|
(31,459) |
|
|
(28,430) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mrs L Ogle |
| Director |
| Approved by the board on 29 May 2017 |
|
| Gateway Barbers Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 August 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
The accounts have been prepared on the going concern basis that requires the continued support of the director. There are net liabilities of £31,549 on the balance sheet. The director does not intend to withdraw her support in the foreseeable future and for this reason the accounts have been prepared on a going concern basis. |
|
|
Turnover |
|
Turnover represents the value of services provided to customers and associated products. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Equipment and Fixtures |
25% straight line |
|
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 September 2015 |
724 |
|
At 31 August 2016 |
724 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2015 |
327 |
|
Charge for the year |
181 |
|
At 31 August 2016 |
508 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2016 |
216 |
|
At 31 August 2015 |
397 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
20 |
|
20 |
|
20 |
|
|
|
|
|
|
|
|
|
