Gnc Technology Ltd - Accounts to registrar (filleted) - small 18.2

Gnc Technology Ltd - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 08822700 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Gnc Technology Ltd

Gnc Technology Ltd (Registered number: 08822700)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gnc Technology Ltd

Company Information
for the Year Ended 31 March 2018







DIRECTORS: Mr P Guha
Mr I Cameron





REGISTERED OFFICE: 6 Walcot
Telford
Shropshire
TF6 5ER





REGISTERED NUMBER: 08822700 (England and Wales)





ACCOUNTANTS: Columb & Gosling Accountants Ltd
Blount House
Hall Court
Hall Park Way
Telford
Shropshire
TF3 4NQ

Gnc Technology Ltd (Registered number: 08822700)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,273 1,451

CURRENT ASSETS
Debtors 5 13,788 4,484
Cash at bank 39,105 66,453
52,893 70,937
CREDITORS
Amounts falling due within one year 6 35,346 26,635
NET CURRENT ASSETS 17,547 44,302
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,820

45,753


CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 18,620 45,553
SHAREHOLDERS' FUNDS 18,820 45,753
18,820 45,753

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Gnc Technology Ltd (Registered number: 08822700)

Balance Sheet - continued
31 March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 14 December 2018 and were
signed on its behalf by:





Mr P Guha - Director


Gnc Technology Ltd (Registered number: 08822700)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Gnc Technology Ltd is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the
Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost 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 is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over
the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 3 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2017
and 31 March 2018 2,835
DEPRECIATION
At 1 April 2017 1,384
Charge for year 178
At 31 March 2018 1,562
NET BOOK VALUE
At 31 March 2018 1,273
At 31 March 2017 1,451

Gnc Technology Ltd (Registered number: 08822700)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 13,788 4,484

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 12,558 4,555
Taxation and social security 21,454 22,080
Other creditors 1,334 -
35,346 26,635