Registration number:
trading as
for the Year Ended
Global Direct Marketing Ltd
trading as Global Direct Marketing Ltd /Veggie mart
Contents
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Global Direct Marketing Ltd
trading as Global Direct Marketing Ltd /Veggie mart
Company Information
Directors |
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Registered office |
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Accountants |
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Global Direct Marketing Ltd
trading as Global Direct Marketing Ltd /Veggie mart
Directors' Report for the Year Ended 31 March 2015
The directors present their report and the unaudited financial statements for the year ended 31 March 2015.
Directors of the company
The directors who held office during the year were as follows:
Small company provisions
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved by the Board on
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Dipak Nemchand Popat
Director
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Ketan Kiran Hirji Shah
Director
Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Global Direct Marketing Ltd
trading as Global Direct Marketing Ltd /Veggie mart
for the Year Ended 31 March 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Global Direct Marketing Ltd for the year ended 31 March 2015 set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html .
This report is made solely to the Board of Directors of Global Direct Marketing Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Global Direct Marketing Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Global Direct Marketing Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Global Direct Marketing Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Global Direct Marketing Ltd. You consider that Global Direct Marketing Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Global Direct Marketing Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Sujatha Renganathan -AIMS Accountants for Business
Chartered Certified Accountant
167 Kenmore Avenue
HA3 8PB
12 November 2015
Global Direct Marketing Ltd
trading as Global Direct Marketing Ltd /Veggie mart
Profit and Loss Account for the Year Ended 31 March 2015
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2015
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2014
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Turnover |
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Cost of sales |
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Gross profit |
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Administrative expenses |
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Operating loss |
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Other interest receivable and similar income |
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Loss on ordinary activities before taxation |
( |
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Loss for the financial year |
( |
( |
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Global Direct Marketing Ltd
trading as Global Direct Marketing Ltd /Veggie mart
(Registration number: 03707474)
Balance Sheet at 31 March 2015
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2015
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2014
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved and authorised for issue by the Board on
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Dipak Nemchand Popat
Director
5
Global Direct Marketing Ltd
trading as Global Direct Marketing Ltd /Veggie mart
(Registration number: 03707474)
Balance Sheet at 31 March 2015
......... continued
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Ketan Kiran Hirji Shah
Director
6
Global Direct Marketing Ltd
trading as Global Direct Marketing Ltd /Veggie mart
Notes to the Financial Statements for the Year Ended 31 March 2015
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is charged at 25% over the estimated life of the asset.
Asset class |
Depreciation method and rate |
Office equipment |
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Stock
Hire purchase and leasing
Financial instruments
Operating loss |
Operating loss is stated after charging:
2015
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2014
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Depreciation of tangible fixed assets |
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Directors' remuneration |
The directors' remuneration for the year was as follows:
Global Direct Marketing Ltd
trading as Global Direct Marketing Ltd /Veggie mart
Notes to the Financial Statements for the Year Ended 31 March 2015
......... continued
2015
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2014
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Remuneration |
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Tangible fixed assets |
Office equipment
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Total
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Cost or valuation |
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At 1 April 2014 |
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Additions |
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At 31 March 2015 |
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Depreciation |
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At 1 April 2014 |
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Charge for the year |
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At 31 March 2015 |
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Net book value |
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At 31 March 2015 |
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At 31 March 2014 |
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Debtors |
2015
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2014
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Trade debtors |
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Creditors: Amounts falling due within one year |
2015
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2014
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Trade creditors |
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Other taxes and social security |
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Other creditors |
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Global Direct Marketing Ltd
trading as Global Direct Marketing Ltd /Veggie mart
Notes to the Financial Statements for the Year Ended 31 March 2015
......... continued
Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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Reserves |
Profit and loss account
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Total
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At 1 April 2014 |
8,283 |
8,283 |
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Loss for the year |
(6,265) |
( |
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At 31 March 2015 |
2,018 |
2,018 |
Control |
The company is controlled by the directors who own 100% of the called up share capital.