GOOD FOR NOTHING LTD.

GOOD FOR NOTHING LTD.

GOOD FOR NOTHING LTD. - Company Information

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GOOD FOR NOTHING LTD.

Company Registration Number:
08531857 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2017

Period of accounts

Start date: 01 September 2016

End date: 31 August 2017

GOOD FOR NOTHING LTD.

Contents of the Financial Statements

for the Period Ended 31 August 2017

Balance sheet
Notes

GOOD FOR NOTHING LTD.

Balance sheet

As at 31 August 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 34,544 23,645
Total fixed assets: 34,544 23,645
Current assets
Stocks: 650,000 283,497
Debtors:   851,074 234,048
Cash at bank and in hand: 356,159 63,614
Total current assets: 1,857,233 581,159
Creditors: amounts falling due within one year:   (1,193,395) (388,004)
Net current assets (liabilities): 663,838 193,155
Total assets less current liabilities: 698,382 216,800
Creditors: amounts falling due after more than one year:   (322,268)
Total net assets (liabilities): 376,114 216,800
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 376,014 216,700
Shareholders funds: 376,114 216,800

The notes form part of these financial statements

GOOD FOR NOTHING LTD.

Balance sheet statements

For the year ending 31 August 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 May 2018
and signed on behalf of the board by:

Name: Sean Anderson
Status: Director

The notes form part of these financial statements

GOOD FOR NOTHING LTD.

Notes to the Financial Statements

for the Period Ended 31 August 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GOOD FOR NOTHING LTD.

Notes to the Financial Statements

for the Period Ended 31 August 2017

2. Tangible Assets

Total
Cost £
At 01 September 2016 31,382
Additions 21,925
At 31 August 2017 53,307
Depreciation
At 01 September 2016 7,737
Charge for year 11,026
At 31 August 2017 18,763
Net book value
At 31 August 2017 34,544
At 31 August 2016 23,645