Abbreviated Company Accounts - GOLDINGAY ENTERPRISES LTD

GOLDINGAY ENTERPRISES LTD - Company Information

Registered Number 05953806

GOLDINGAY ENTERPRISES LTD

Abbreviated Accounts

31 October 2016

GOLDINGAY ENTERPRISES LTD Registered Number 05953806

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	27,912	37,216
		27,912	37,216
Current assets
Stocks		1,419	1,606
Debtors		27,651	22,815
Cash at bank and in hand		45,974	89,833
		75,044	114,254
Creditors: amounts falling due within one year		(4,775)	(12,032)
Net current assets (liabilities)		70,269	102,222
Total assets less current liabilities		98,181	139,438
Provisions for liabilities		(2,032)	(3,375)
Total net assets (liabilities)		96,149	136,063
Capital and reserves
Called up share capital		2	2
Profit and loss account		96,147	136,061
Shareholders' funds		96,149	136,063

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 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 25 July 2017

And signed on their behalf by:
Mr A. Goldingay, Director

GOLDINGAY ENTERPRISES LTD Registered Number 05953806

Notes to the Abbreviated Accounts for the period ended 31 October 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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2015	69,329
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	69,329
Depreciation
At 1 November 2015	32,113
Charge for the year	9,304
On disposals	-
At 31 October 2016	41,417
Net book values
At 31 October 2016	27,912
At 31 October 2015	37,216