TWO GB LIMITED

TWO GB LIMITED

TWO GB LIMITED - Company Information

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1 October 2015 true false 062407302015-09-30 062407302015-10-012016-09-30 062407302016-09-30 062407302015-09-30 06240730uk-bus:Director12015-10-012016-09-30 06240730uk-gaap:LandBuildings2015-10-012016-09-30 06240730uk-bus:OrdinaryShareClass12016-09-30 06240730uk-bus:OrdinaryShareClass12015-10-012016-09-30 06240730uk-bus:OrdinaryShareClass12015-09-30 06240730uk-bus:OrdinaryShareClass22016-09-30 06240730uk-bus:OrdinaryShareClass22015-10-012016-09-30 06240730uk-bus:OrdinaryShareClass22015-09-30 06240730uk-bus:AllOrdinaryShares2016-09-30 06240730uk-bus:AllOrdinaryShares2015-09-30 iso4217:GBP xbrli:shares
Company Registration No. 06240730 (England and Wales)
TWO GB LIMITED Abbreviated unaudited accounts for the year ended 30 September 2016
TWO GB LIMITED Abbreviated Balance Sheet as at 30 September 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
2
655,128 
960,781 
Investments
3
100 
100 
655,228 
960,881 
Current assets
Debtors
11,450 
116,614 
Cash at bank and in hand
1,945 
93 
13,395 
116,707 
Creditors: amounts falling due within one year
(569,559)
(960,961)
Net current liabilities
(556,164)
(844,254)
Total assets less current liabilities
99,064 
116,627 
Creditors: amounts falling due after more than one year
- 
(25,878)
Net assets
99,064 
90,749 
Capital and reserves
Called up share capital
4
102 
102 
Capital redemption reserve
15,933 
15,933 
Profit and loss account
83,029 
74,714 
Total shareholders' funds
99,064 
90,749 
For the year ending 30 September 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 30 May 2016
David Andrew Pounds Director Company Registration No. 06240730
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TWO GB LIMITED Notes to the Abbreviated Accounts for the year ended 30 September 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 April 2008).
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation Depreciation is provided on tangible fixed assets, except land, so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Land & buildings
Freehold property 2% straight line per annum
2
Tangible fixed assets
£ 
Cost
At 1 October 2015
1,111,544 
Disposals
(282,581)
At 30 September 2016
828,963 
Depreciation
At 1 October 2015
150,763 
Charge for the year
23,072 
At 30 September 2016
173,835 
Net book value
At 30 September 2016
655,128 
At 30 September 2015
960,781 
3
Investments
£ 
Cost
At 1 October 2015
100 
At 30 September 2016
100 
4
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
51 Ordinary shares - David Andrew Pounds of £1 each
51 
51 
51 Ordinary shares - Debra Helen Stokes of £1 each
51 
51 
102 
102 
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