GBR Property Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08661342 (England and Wales)

GBR Property Services Ltd

Unaudited Financial Statements

for the Year Ended 31 August 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

Mr G Brookes

REGISTERED OFFICE:

13 The Courtyard

Timothy's Bridge Road

Stratford Upon Avon

Warwickshire

CV37 9NP

REGISTERED NUMBER:

08661342 (England and Wales)

ACCOUNTANTS:

Grenfell James Associates Limited

13 The Courtyard

Timothys Bridge Road

Stratford Upon Avon

Warwickshire

CV37 9NP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

130

173

130

173

CURRENT ASSETS

Debtors

6

19

903

CREDITORS

Amounts falling due within one year

7

502

963

NET CURRENT LIABILITIES

(483

)

(60

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(353

)

113

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

(453

)

13

SHAREHOLDERS' FUNDS

(353

)

113

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 22 January 2020 and were signed by:

Mr G Brookes - Director

1.	STATUTORY INFORMATION

GBR Property Services Ltd is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured

at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Going concern

The director will financially support the company (up to £10,000) for a period of 12 months from the

date of these financial statements, therefore the accounts have been prepared on a going concern

basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2018

and 31 August 2019

2,500

AMORTISATION

At 1 September 2018

and 31 August 2019

2,500

NET BOOK VALUE

At 31 August 2019

-

At 31 August 2018

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 September 2018

and 31 August 2019

546

DEPRECIATION

At 1 September 2018

373

Charge for year

43

At 31 August 2019

416

NET BOOK VALUE

At 31 August 2019

130

At 31 August 2018

173

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Directors' current accounts

19

903

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

1

(1

)

Tax

(99

)

364

Accrued expenses

600

600

502

963

8.

RESERVES

Retained

earnings

£

At 1 September 2018

13

Deficit for the year

(466

)

At 31 August 2019

(453

)

9.	RELATED PARTY DISCLOSURES

At the year end the director owed the company £18. This will be repaid within 9 months of the

year end.