Company Registration No. 08071140 (England and Wales)
G&D Cabinet Makers Ltd
Unaudited accounts
for the year ended 31 May 2017
G&D Cabinet Makers Ltd
Unaudited accounts
Contents
G&D Cabinet Makers Ltd
Company Information
for the year ended 31 May 2017
Director
Gediminas Dauksevicius
Company Number
08071140 (England and Wales)
Registered Office
5 SHRUBLANDS CLOSE
CHIGWELL
IG7 5DZ
G&D Cabinet Makers Ltd
Statement of financial position
as at 31 May 2017
Tangible assets
8,795
2,978
Cash at bank and in hand
10,691
37,970
Creditors: amounts falling due within one year
(12,106)
(17,530)
Net current (liabilities)/assets
(1,315)
20,540
Called up share capital
100
100
Profit and loss account
7,380
23,418
Shareholders' funds
7,480
23,518
For the year ending 31 May 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 22 January 2018.
Gediminas Dauksevicius
Director
Company Registration No. 08071140
G&D Cabinet Makers Ltd
Notes to the Accounts
for the year ended 31 May 2017
G&D Cabinet Makers Ltd is a private company, limited by shares, registered in England and Wales, registration number 08071140. The registered office is 5 SHRUBLANDS CLOSE, CHIGWELL, IG7 5DZ.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 May 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Plant & machinery
G&D Cabinet Makers Ltd
Notes to the Accounts
for the year ended 31 May 2017
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Creditors: amounts falling due within one year
2017
2016
Taxes and social security
6,577
13,202
Loans from directors
5,708
7,228
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 0 (2016: 0).
