Gerrard SBS Limited
|
Registered number: |
04222890
|
Abbreviated Balance Sheet |
as at 31 May 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
6,887 |
|
|
4,694 |
|
Current assets |
Debtors |
|
|
1,600 |
|
|
- |
Cash at bank and in hand |
|
|
1,881 |
|
|
1,364 |
|
|
|
3,481 |
|
|
1,364 |
|
Creditors: amounts falling due within one year |
|
|
(1,459) |
|
|
(1,644) |
|
Net current assets/(liabilities) |
|
|
|
2,022 |
|
|
(280) |
|
Net assets |
|
|
|
8,909 |
|
|
4,414 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
8,907 |
|
|
4,412 |
|
Shareholders' funds |
|
|
|
8,909 |
|
|
4,414 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
P Hesford |
Director |
Approved by the board on 12 February 2016
|
|
Gerrard SBS Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 May 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% reducing balance
|
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2014 |
21,628 |
|
Additions |
3,915 |
|
At 31 May 2015 |
25,543 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2014 |
16,934 |
|
Charge for the year |
1,722 |
|
At 31 May 2015 |
18,656 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2015 |
6,887 |
|
At 31 May 2014 |
4,694 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|