Company Registration No. 07664515 (England and Wales)
G.C. STRUCTURAL SERVICES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2015
G.C. STRUCTURAL SERVICES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
G.C. STRUCTURAL SERVICES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2015
30 June 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
6,000
7,000
Tangible assets
2
6,338
8,451
12,338
15,451
Current assets
Debtors
13,822
10,098
Cash at bank and in hand
3,276
3,750
17,098
13,848
Creditors: amounts falling due within one year
(27,958)
(27,137)
Net current liabilities
(10,860)
(13,289)
Total assets less current liabilities
1,478
2,162
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
1,477
2,161
Shareholders' funds
1,478
2,162
For the financial year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 17 November 2015
Mr G Clark
Director
Company Registration No. 07664515
G.C. STRUCTURAL SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.5
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
25% Reducing Balance
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 July 2014 & at 30 June 2015
10,000
16,399
26,399
Depreciation
At 1 July 2014
3,000
7,948
10,948
Charge for the year
1,000
2,113
3,113
At 30 June 2015
4,000
10,061
14,061
Net book value
At 30 June 2015
6,000
6,338
12,338
At 30 June 2014
7,000
8,451
15,451
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1 Ordinary shares of £1 each
1
1