Gilbride Shimizu Limited - Period Ending 2016-10-31

Registration number: 07475532

Gilbride Shimizu Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2016
 

Fuller & Roper (Accountants) Limited
Chartered Accountants
The Counting House
Church Farm Business Park
Corston
Bath
BA2 9AP

Gilbride Shimizu Limited
Contents

Company Information 1

Director's Report 2

Profit and Loss Account 3

Balance Sheet 4

Notes to the Financial Statements 5 to 6

Gilbride Shimizu Limited
Company Information

Director

G T Leaning

Registered office

The Counting House Church Farm Business Park Corston Bath BA2 9AP

Accountants

Fuller & Roper (Accountants) Limited Chartered Accountants The Counting House Church Farm Business Park Corston Bath BA2 9AP

Page 1

Gilbride Shimizu Limited
Director's Report for the Year Ended 31 October 2016

The director presents his report and the unaudited financial statements for the year ended 31 October 2016.

Director of the company

The director who held office during the year was as follows:

G T Leaning

Small company provisions

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 18 July 2017 and signed on its behalf by:

.........................................
G T Leaning
Director

Page 2

Gilbride Shimizu Limited
Profit and Loss Account for the Year Ended 31 October 2016

		Note			2016 £			2015 £
Turnover					-			-
Administrative expenses					(66)			(66)
Operating loss					(66)			(66)
Loss on ordinary activities before taxation					(66)			(66)
Loss for the financial year		5			(66)			(66)

The notes on pages 5 to 6 form an integral part of these financial statements.
Page 3

Gilbride Shimizu Limited
(Registration number: 07475532)
Balance Sheet at 31 October 2016

		Note			2016 £			2015 £
Fixed assets
Investments		2			601			601
Current assets
Debtors		3			-			1,436
Cash at bank and in hand					3,595			2,225
					3,595			3,661
Net assets					4,196			4,262
Capital and reserves
Called up share capital		4			102			102
Share premium account		5			500			500
Profit and loss account		5			3,594			3,660
Shareholders' funds					4,196			4,262

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 2015).

For the year ending 31 October 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised for issue by the director on 18 July 2017

.........................................
G T Leaning
Director

The notes on pages 5 to 6 form an integral part of these financial statements.
Page 4

Gilbride Shimizu Limited
Notes to the Financial Statements for the Year Ended 31 October 2016
......... continued

1	Accounting policies

Basis of preparation

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).

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	Investments held as fixed assets

		2016 £			2015 £
Shares in group undertakings and participating interests		601			601

Shares in group undertakings and participating interests

		Joint ventures and associates £			Total £
Cost
At 1 November 2015		601			601
At 31 October 2016		601			601
Net book value
At 31 October 2016		601			601
At 31 October 2015		601			601

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:

Page 5

Gilbride Shimizu Limited
Notes to the Financial Statements for the Year Ended 31 October 2016
......... continued

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Associates
Keplar Norwood Limited	England & Wales	Ordinary	50%	Staff services

3

Debtors

		2016 £			2015 £
Other debtors		-			1,436

4	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		102			102			102			102

5

Reserves

		Share premium account £			Profit and loss account £			Total £
At 1 November 2015		500			3,660			4,160
Loss for the year		-			(66)			(66)
At 31 October 2016		500			3,594			4,094

6

Control

The company is controlled by Mr S Bliss.

Page 6