G3 Spirits Management Corporation Limite - Abbreviated accounts 16.3

REGISTERED NUMBER: 03130224 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

G3 SPIRITS MANAGEMENT CORPORATION

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A HRIBAR

D ZEKS

S GRCAR

SECRETARY:

A HRIBAR

REGISTERED OFFICE:

13 DAVID MEWS

PORTER STREET

LONDON

W1U 6EQ

REGISTERED NUMBER:

03130224 (England and Wales)

ACCOUNTANTS:

GOLDWYNS

CHARTERED ACCOUNTANTS

13 DAVID MEWS

PORTER STREET

LONDON

W1U 6EQ

BANKERS:

ROYAL BANK OF SCOTLAND PLC

NORTH WEST HOUSE

119 MARYLEBONE ROAD

LONDON

NW1 5PY

CURRENT ASSETS

Debtors

127,240

111,061

Cash at bank

695

5,588

127,935

116,649

CREDITORS

Amounts falling due within one year

15,002

3,723

NET CURRENT ASSETS

112,933

112,926

TOTAL ASSETS LESS CURRENT
LIABILITIES

112,933

112,926

CAPITAL AND RESERVES

Called up share capital

2

1,000

Profit and loss account

111,933

111,926

SHAREHOLDERS' FUNDS

112,933

112,926

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 7 August 2017 and were signed on
its behalf by:

S GRCAR - Director

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 goods, based on services provided during the year.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange

ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at

the rate of exchange ruling at the date of transaction. Exchange differences are taken into account

in arriving at the operating result.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,000

ORDINARY

£1

1,000