Gentle Designs Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04879920 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2014

FOR

GENTLE DESIGNS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

G Sutcliffe

REGISTERED OFFICE:

36 Riverside

Eynsford

Dartford

Kent

DA4 0AE

REGISTERED NUMBER:

04879920 (England and Wales)

ACCOUNTANTS:

Gary Sargeant + Company

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Tangible assets

2

941

1,254

CURRENT ASSETS

Debtors

1,459

5,040

Cash at bank

5,445

59,837

6,904

64,877

CREDITORS

Amounts falling due within one year

6,261

24,417

NET CURRENT ASSETS

643

40,460

TOTAL ASSETS LESS CURRENT LIABILITIES

1,584

41,714

PROVISIONS FOR LIABILITIES

139

191

NET ASSETS

1,445

41,523

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

1,443

41,521

SHAREHOLDERS' FUNDS

1,445

41,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 6 January 2015 and were signed by:

G Sutcliffe - 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 April 2008).

Turnover

Turnover represents sales of services less adjustment for vat paid under the Flat Rate Scheme.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% per annum on reducing balance

Fixtures and fittings

-

25% per annum on reducing balance

Computer equipment

-

25% per annum on reducing balance

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 September 2013

and 31 August 2014

4,339

DEPRECIATION

At 1 September 2013

3,085

Charge for year

313

At 31 August 2014

3,398

NET BOOK VALUE

At 31 August 2014

941

At 31 August 2013

1,254

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary shares

£1

1

1

1

Ordinary A shares

£1

1

1

2

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES