Abbreviated Company Accounts - GED (UK) LIMITED

04594140 GED (UK) LIMITED 2016-11-30 false 2015-12-01 2016-11-30 true 04594140 2015-12-01 2016-11-30 04594140 2016-11-30 04594140 2015-11-30 04594140 uk-gaap-cd-bus:Director1 2015-12-01 2016-11-30 04594140 uk-gaap-cd-bus:Director2 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP shares

Registered Number 04594140

GED (UK) LIMITED

Abbreviated Accounts

30 November 2016

GED (UK) LIMITED Registered Number 04594140

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	314	419
		314	419
Current assets
Stocks		27,483	26,206
Debtors		26,316	22,539
Cash at bank and in hand		100	34
		53,899	48,779
Creditors: amounts falling due within one year		(23,980)	(20,018)
Net current assets (liabilities)		29,919	28,761
Total assets less current liabilities		30,233	29,180
Total net assets (liabilities)		30,233	29,180
Capital and reserves
Called up share capital	3	1,250	1,250
Share premium account		14,750	14,750
Profit and loss account		14,233	13,180
Shareholders' funds		30,233	29,180

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 31 August 2017

And signed on their behalf by:
John Waterworth, Director

GED (UK) LIMITED Registered Number 04594140

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

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with applicable accounting standards.

Turnover policy
Turnover comprises of revenue recognised by the company in respect of goods supplied during the year, exclusive of Value Added Tax.

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 fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment - 15% straight line

Other accounting policies
Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow - moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Foreign Currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.

Exchange gains and losses are recognised in the Profit and Loss account.

2Tangible fixed assets

	£
Cost
At 1 December 2015	1,973
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	1,973
Depreciation
At 1 December 2015	1,554
Charge for the year	105
On disposals	-
At 30 November 2016	1,659
Net book values
At 30 November 2016	314
At 30 November 2015	419

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

	2016 £	2015 £
1,250 Ordinary shares of £1 each	1,250	1,250