Abbreviated Company Accounts - GARY RHODES LIMITED

Abbreviated Company Accounts - GARY RHODES LIMITED


Registered Number 03226503

GARY RHODES LIMITED

Abbreviated Accounts

31 October 2013

GARY RHODES LIMITED Registered Number 03226503

Abbreviated Balance Sheet as at 31 October 2013

Notes 2013 2012
£ £
Fixed assets
Investments 2 652,000 652,000
652,000 652,000
Current assets
Debtors 56,428 17,911
Cash at bank and in hand 36,781 157,987
93,209 175,898
Creditors: amounts falling due within one year (56,965) (167,521)
Net current assets (liabilities) 36,244 8,377
Total assets less current liabilities 688,244 660,377
Creditors: amounts falling due after more than one year (254,143) (254,143)
Total net assets (liabilities) 434,101 406,234
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 434,001 406,134
Shareholders' funds 434,101 406,234
  • For the year ending 31 October 2013 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 30 July 2014

And signed on their behalf by:
Y Rhodes, Director

GARY RHODES LIMITED Registered Number 03226503

Notes to the Abbreviated Accounts for the period ended 31 October 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for services provided net of VAT.

Valuation information and policy
Fixed asset investments are stated at cost less provision for diminution in value.

2Fixed assets Investments
At the year end the investments had a market value of £675,789.

3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
100 Ordinary shares of £1 each 100 100