Abbreviated Company Accounts - GARDENS MOWERS AND TOOLS LIMITED

Abbreviated Company Accounts - GARDENS MOWERS AND TOOLS LIMITED

GARDENS MOWERS AND TOOLS LIMITED - Company Information

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Registered Number SC348112

GARDENS MOWERS AND TOOLS LIMITED

Abbreviated Accounts

30 September 2016

GARDENS MOWERS AND TOOLS LIMITED Registered Number SC348112

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 57,090 62,280
Tangible assets 3 420,538 353,931
477,628 416,211
Current assets
Stocks 199,312 198,374
Debtors 50,890 59,118
Cash at bank and in hand 500 503
250,702 257,995
Creditors: amounts falling due within one year (197,520) (189,752)
Net current assets (liabilities) 53,182 68,243
Total assets less current liabilities 530,810 484,454
Creditors: amounts falling due after more than one year (348,443) (326,813)
Total net assets (liabilities) 182,367 157,641
Capital and reserves
Called up share capital 100 100
Profit and loss account 182,267 157,541
Shareholders' funds 182,367 157,641
  • 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 12 June 2017

And signed on their behalf by:
Roger Coultherd, Director

GARDENS MOWERS AND TOOLS LIMITED Registered Number SC348112

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Intangible fixed assets
£
Cost
At 1 October 2015 77,850
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2016 77,850
Amortisation
At 1 October 2015 15,570
Charge for the year 5,190
On disposals -
At 30 September 2016 20,760
Net book values
At 30 September 2016 57,090
At 30 September 2015 62,280
3Tangible fixed assets
£
Cost
At 1 October 2015 570,567
Additions 132,772
Disposals -
Revaluations -
Transfers -
At 30 September 2016 703,339
Depreciation
At 1 October 2015 216,636
Charge for the year 66,165
On disposals -
At 30 September 2016 282,801
Net book values
At 30 September 2016 420,538
At 30 September 2015 353,931