Graham Preskett Limited - Accounts to registrar - small 17.2

Graham Preskett Limited - Accounts to registrar - small 17.2

GRAHAM PRESKETT LIMITED - Company Information

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05257617 1.11.15 31.10.16 31.10.16 Company accounts Private Limited Company FY true false false true true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure052576172015-10-31052576172016-10-31052576172015-11-012016-10-31052576172014-10-31052576172014-11-012015-10-31052576172015-10-3105257617ns12:England2015-11-012016-10-3105257617ns14:PoundSterling2015-11-012016-10-3105257617ns7:Director12015-11-012016-10-3105257617ns7:OrdinaryShareClass12015-11-012016-10-3105257617ns7:OrdinaryShareClass22015-11-012016-10-3105257617ns7:OrdinaryShareClass32015-11-012016-10-3105257617ns7:OrdinaryShareClass42015-11-012016-10-3105257617ns7:RegisteredOffice2015-11-012016-10-3105257617ns7:EntityAccountantsOrAuditors2015-11-012016-10-3105257617ns5:PlantMachinery2015-11-012016-10-3105257617ns5:ComputerEquipment2015-11-012016-10-3105257617ns5:PlantMachinery2015-10-3105257617ns5:ComputerEquipment2015-10-3105257617ns5:PlantMachinery2016-10-3105257617ns5:ComputerEquipment2016-10-3105257617ns5:PlantMachinery2015-10-3105257617ns5:ComputerEquipment2015-10-3105257617ns7:OrdinaryShareClass12016-10-3105257617ns7:OrdinaryShareClass12015-10-3105257617ns7:OrdinaryShareClass22016-10-3105257617ns7:OrdinaryShareClass22015-10-3105257617ns7:OrdinaryShareClass32016-10-3105257617ns7:OrdinaryShareClass32015-10-3105257617ns7:OrdinaryShareClass42016-10-3105257617ns7:OrdinaryShareClass42015-10-31
REGISTERED NUMBER: 05257617 (England and Wales)











Financial Statements

for the Year Ended 31 October 2016

for

GRAHAM PRESKETT LIMITED

GRAHAM PRESKETT LIMITED (REGISTERED NUMBER: 05257617)






Contents of the Financial Statements
for the Year Ended 31 October 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRAHAM PRESKETT LIMITED

Company Information
for the Year Ended 31 October 2016







DIRECTOR: Mr G Preskett





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 05257617 (England and Wales)





ACCOUNTANTS: Conroy & Lermer
Chartered Accountants
42 Lytton Road
BARNET
EN5 5BY
Page 1
GRAHAM PRESKETT LIMITED (REGISTERED NUMBER: 05257617)

Balance Sheet
31 October 2016

31.10.16 31.10.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 11,883 13,668

CURRENT ASSETS
Debtors 3 44,019 17,813
Cash at bank 13,643 29,684
57,662 47,497
CREDITORS
Amounts falling due within one year 4 14,723 13,390
NET CURRENT ASSETS 42,939 34,107
TOTAL ASSETS LESS CURRENT
LIABILITIES
54,822
47,775

CAPITAL AND RESERVES
Called up share capital 5 400 400
Profit and loss account 6 54,422 47,375
SHAREHOLDERS' FUNDS 54,822 47,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387
of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The notes form part of these financial statements

Page 2 continued...
GRAHAM PRESKETT LIMITED (REGISTERED NUMBER: 05257617)

Balance Sheet - continued
31 October 2016


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28 July 2017 and were signed by:





Mr G Preskett - Director


The notes form part of these financial statements

Page 3
GRAHAM PRESKETT LIMITED (REGISTERED NUMBER: 05257617)

Notes to the Financial Statements
for the Year Ended 31 October 2016

1. ACCOUNTING POLICIES

Accounting convention
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).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on reducing balance
Computer equipment - 20% on reducing balance

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which
they relate.

2. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 November 2015 19,434 34,006 53,440
Additions 1,055 356 1,411
At 31 October 2016 20,489 34,362 54,851
DEPRECIATION
At 1 November 2015 16,891 22,881 39,772
Charge for year 900 2,296 3,196
At 31 October 2016 17,791 25,177 42,968
NET BOOK VALUE
At 31 October 2016 2,698 9,185 11,883
At 31 October 2015 2,543 11,125 13,668

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.16 31.10.15
£    £   
Other debtors 44,019 17,813

Page 4 continued...
GRAHAM PRESKETT LIMITED (REGISTERED NUMBER: 05257617)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2016

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.16 31.10.15
£    £   
Trade creditors 1 -
Taxation and social security 13,722 13,390
Other creditors 1,000 -
14,723 13,390

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.16 31.10.15
value: £    £   
100 Ordinary A £1 100 100
100 Ordinary B £1 100 100
100 Ordinary C £1 100 100
100 Ordinary D £1 100 100
400 400

6. RESERVES
Profit
and loss
account
£   

At 1 November 2015 47,375
Profit for the year 27,047
Dividends (20,000 )
At 31 October 2016 54,422

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the director, Mr G Preskett, owed £44,018 (2015: £17,812) to the
company.

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £20,000 (2015 - £10,000) were paid to the director .

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr G Preskett.

Page 5