RE Giles Ltd.
|
Registered number: |
08126977
|
Abbreviated Balance Sheet |
as at 30 September 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
7,000 |
|
|
8,000 |
Tangible assets |
3 |
|
|
7,212 |
|
|
9,404 |
|
|
|
|
14,212 |
|
|
17,404 |
|
Current assets |
Stock and work in progress |
|
|
2,000 |
|
|
11,133 |
Debtors |
|
|
4,627 |
|
|
9,982 |
Cash at bank and in hand |
|
|
4,084 |
|
|
7,528 |
|
|
|
10,711 |
|
|
28,643 |
|
Creditors: amounts falling due within one year |
|
|
(5,295) |
|
|
(20,880) |
|
Net current assets |
|
|
|
5,416 |
|
|
7,763 |
|
Net assets |
|
|
|
19,628 |
|
|
25,167 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
19,627 |
|
|
25,166 |
|
Shareholder's funds |
|
|
|
19,628 |
|
|
25,167 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his 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.
|
|
|
|
RE Giles Esq. |
Director |
Approved by the board on 22 June 2016
|
|
RE Giles Ltd.
|
Notes to the Abbreviated Accounts |
for the year ended 30 September 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 April 2008).
|
|
|
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. |
|
|
Fixtures, fittings and equipment |
15% reducing balance
|
|
Motor vehicles |
25% reducing balance
|
|
Computer equipment |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2014 |
10,000 |
|
At 30 September 2015 |
10,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 October 2014 |
2,000 |
|
Provided during the year |
1,000 |
|
At 30 September 2015 |
3,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2015 |
7,000 |
|
At 30 September 2014 |
8,000 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2014 |
16,057 |
|
At 30 September 2015 |
16,057 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2014 |
6,653 |
|
Charge for the year |
2,192 |
|
At 30 September 2015 |
8,845 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2015 |
7,212 |
|
At 30 September 2014 |
9,404 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
5 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
£ |
£ |
£ |
£ |
|
RE Giles
|
|
Overdrawn directors loan account
|
- |
|
841 |
|
- |
|
841 |
|
|
|
- |
|
841 |
|
- |
|
841 |
|
|
|
|
|
|
|
|
|