Global Auction Network Ltd - Period Ending 2017-03-31
Global Auction Network Ltd - Period Ending 2017-03-31
Registration number:
Global Auction Network Ltd
for the Year Ended 31 March 2017
Chartered certified accountants
Queen Anne House
Bridge Road
Bagshot
Surrey
GU19 5AT
Global Auction Network Ltd
Contents
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Company Information |
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Accountants' Report |
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Balance Sheet |
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Notes to the Financial Statements |
Global Auction Network Ltd
Company Information
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Director |
Mr Kenneth Charles Gunbie |
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Registered office |
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Bankers |
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Accountants |
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Page 1 |
Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Global Auction Network Ltd
for the Year Ended 31 March 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Global Auction Network Ltd for the year ended 31 March 2017 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/gb/en/discover/public-value/rulebook.html.
This report is made solely to the Board of Directors of Global Auction Network Ltd, as a body, in accordance with the terms of our engagement letter dated 8 December 2014. Our work has been undertaken solely to prepare for your approval the accounts of Global Auction Network Ltd and state those matters that we have agreed to state to the Board of Directors of Global Auction Network Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Global Auction Network Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Global Auction Network Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Global Auction Network Ltd. You consider that Global Auction Network Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Global Auction Network Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Chartered certified accountants
Bridge Road
Bagshot
Surrey
GU19 5AT
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Page 2 |
Global Auction Network Ltd
(Registration number: 7279751)
Balance Sheet as at 31 March 2017
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Note |
2017 |
2016 |
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Current assets |
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Creditors: Amounts falling due within one year |
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Total assets less current liabilities |
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Accruals and deferred income |
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Capital and reserves |
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Page 3 |
Global Auction Network Ltd
(Registration number: 7279751)
Balance Sheet as at 31 March 2017
Notes to the Financial Statements for the Year Ended 31 March 2017
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General information |
The company is a private company limited by share capital incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
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Page 4 |
Global Auction Network Ltd
(Registration number: 7279751)
Balance Sheet as at 31 March 2017
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Mr Kenneth Charles Gunbie
Director
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Page 5 |