Registered Number 09606446
GARETH JAMES GOLF LIMITED
Abbreviated Accounts
31 March 2016
Notes | 2016 | ||
---|---|---|---|
£ | |||
Fixed assets | |||
Tangible assets | 2 |
|
|
|
|||
Current assets | |||
Cash at bank and in hand |
|
||
|
|||
Creditors: amounts falling due within one year |
( |
||
Net current assets (liabilities) |
( |
||
Total assets less current liabilities |
|
||
Total net assets (liabilities) |
|
||
Capital and reserves | |||
Called up share capital | 3 |
|
|
Profit and loss account |
|
||
Shareholders' funds |
|
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant & Machinery - 25% straight line
Valuation information and policy
All fixed assets are initially recorded at cost.
Other accounting policies
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
£ | |
---|---|
Cost | |
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 March 2016 |
|
Depreciation | |
Charge for the year |
|
On disposals |
|
At 31 March 2016 |
|
Net book values | |
At 31 March 2016 | 7,912 |