Gray Matter Matters Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07393533 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

Gray Matter Matters Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs P J Cox

M M Mcginn

SECRETARY:

REGISTERED OFFICE:

20 Leagrove Road

Clevedon

BS21 7QR

REGISTERED NUMBER:

07393533 (England and Wales)

ACCOUNTANTS:

Harpers & Co

The Old Brewery

1-3 Ashton Road

Bristol

BS3 2EA

FIXED ASSETS

Tangible assets

2

12,483

1,515

CURRENT ASSETS

Cash at bank

14,657

23,952

CREDITORS

Amounts falling due within one year

9,921

16,421

NET CURRENT ASSETS

4,736

7,531

TOTAL ASSETS LESS CURRENT
LIABILITIES

17,219

9,046

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

17,217

9,044

SHAREHOLDERS' FUNDS

17,219

9,046

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 18 September 2017 and were
signed on its behalf by:

M M Mcginn - 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, 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.

Deferred tax

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

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

4,775

Additions

15,129

At 30 September 2016

19,904

DEPRECIATION

At 1 October 2015

3,260

Charge for year

4,161

At 30 September 2016

7,421

NET BOOK VALUE

At 30 September 2016

12,483

At 30 September 2015

1,515

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

2

Ordinary

£1

2