Abbreviated Company Accounts - GOLDEN ERA CLUB LTD

09874278 GOLDEN ERA CLUB LTD 2016-11-30 false 2015-11-16 2016-11-30 true 09874278 2015-11-16 2016-11-30 09874278 2016-11-30 09874278 uk-gaap-cd-bus:Director1 2015-11-16 2016-11-30 09874278 uk-gaap-cd-bus:Director2 2015-11-16 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-16 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 iso4217:GBP shares

Registered Number 09874278

GOLDEN ERA CLUB LTD

Abbreviated Accounts

30 November 2016

GOLDEN ERA CLUB LTD Registered Number 09874278

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	8,354
		8,354
Current assets
Debtors		25,304
Cash at bank and in hand		601,193
		626,497
Creditors: amounts falling due within one year		(59,927)
Net current assets (liabilities)		566,570
Total assets less current liabilities		574,924
Creditors: amounts falling due after more than one year		(200,000)
Total net assets (liabilities)		374,924
Capital and reserves
Called up share capital	3	1,386
Share premium account		1,058,839
Profit and loss account		(685,301)
Shareholders' funds		374,924

For the year ending 30 November 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 15 August 2017

And signed on their behalf by:
Marek Sacha, Director

GOLDEN ERA CLUB LTD Registered Number 09874278

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015)

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment - Straight line over 3 years

Other accounting policies
Research and Development
Expenditure on research and development is written off in the year it is incurred.

2Tangible fixed assets

	£
Cost
Additions	9,722
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	9,722
Depreciation
Charge for the year	1,368
On disposals	-
At 30 November 2016	1,368
Net book values
At 30 November 2016	8,354

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £
138,579 Ordinary shares of £0.01 each	1,386