Accounts filed on 31-08-2019

Accounts filed on 31-08-2019

GIFFORD OWEN LIMITED - Company Information

Print Friendly Version

03444025falseOther professional, scientific and technical activities not elswhere listed. Investigation activities.2018-09-012019-08-31http://www.companieshouse.gov.uk/2018-08-31http://www.companieshouse.gov.uk/pt:PlantMachinery2018-08-31http://www.companieshouse.gov.uk/cd:Director12018-09-012019-08-31http://www.companieshouse.gov.uk/pt:PlantMachinery2019-08-31http://www.companieshouse.gov.uk/pt:ShareCapital2019-08-31http://www.companieshouse.gov.uk/cd:Director22018-09-012019-08-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12018-09-012019-08-31http://www.companieshouse.gov.uk/pt:MotorCars2018-08-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2018-09-012019-08-31http://www.companieshouse.gov.uk/pt:MotorCars2019-08-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2018-09-012019-08-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2019-08-31http://www.companieshouse.gov.uk/2018-09-012019-08-31http://www.companieshouse.gov.uk/cd:FRS1022018-09-012019-08-31http://www.companieshouse.gov.uk/2019-08-31http://www.companieshouse.gov.uk/cd:FullAccounts2018-09-012019-08-31http://www.companieshouse.gov.uk/pt:LandBuildings2018-08-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2018-09-012019-08-31http://www.companieshouse.gov.uk/pt:LandBuildings2019-08-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03444025
Gifford Owen Limited
ACCOUNTS
FOR THE YEAR ENDED 31/08/2019
Prepared By:
JER Accounts Service
Accountants/Taxation
7 St Pauls Yard
Silver Street
Newport Pagnell
Bucks
MK16 0EG
Gifford Owen Limited
ACCOUNTS
FOR THE YEAR ENDED 31/08/2019
DIRECTORS
Mrs C M Gifford
.
REGISTERED OFFICE
7 St Pauls Yard
Silver Street
Newport Pagnell
Bucks
MK16 0EG
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03444025
ACCOUNTANTS
JER Accounts Service
Accountants/Taxation
7 St Pauls Yard
Silver Street
Newport Pagnell
Bucks
MK16 0EG
Gifford Owen Limited
ACCOUNTS
FOR THEYEARENDED31/08/2019
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Gifford Owen Limited
BALANCE SHEET AT 31/08/2019
2019
Notes£
FIXED ASSETS
Tangible assets3463,748
CURRENT ASSETS
Debtors58,266
Cash at bank and in hand15,165
23,431
CREDITORS: Amounts falling due within one year6265,101
NET CURRENT LIABILITIES(241,670)
TOTAL ASSETS LESS CURRENT LIABILITIES222,078
CREDITORS: Amounts falling due after more than one year7186,935
NET ASSETS35,143
CAPITAL AND RESERVES
Called up share capital82
Revaluation reserve,9(192,444)
Profit and loss account227,585
SHAREHOLDERS' FUNDS35,143
For the year ending 31/08/2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28/04/2020 and signed on their behalf by
.............................
Mrs C M Gifford
Director
Gifford Owen Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/08/2019
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Motor Carsreducing balance 25%
1c. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
2. EMPLOYEES
2019
No.No.
Average number of employees-
3. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryMotor CarsTotal
££££
Cost
At 01/09/2018371,83124,73416,501413,066
Revaluation88,169--88,169
At 31/08/2019460,00024,73416,501501,235
Depreciation
At 01/09/2018-21,93914,29836,237
For the year-6995511,250
At 31/08/2019-22,63814,84937,487
Net Book Amounts
At 31/08/2019460,0002,0961,652463,748
At 31/08/2018371,8312,7952,203376,829
Gifford Owen Limited
4. FINANCIAL ASSETS
Other
InvestmentsTotal
££
Cost
At 01/09/2018247,297247,297
Disposals(247,297)(247,297)
Amortisation
Net Book Amounts
At 31/08/2018247,297247,297
5. DEBTORS 2019
£
Amounts falling due within one year
Trade debtors8,266
8,266
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019
£
VAT1,369
PAYE control44
Mortgage263,688
265,101
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2019
£
Loans >1yr186,883
Trade Creditors >1yr52
186,935
8. SHARE CAPITAL 2019
£
Allotted, issued and fully paid:
2 Ordinary shares of £1 each2
2
Gifford Owen Limited
9. REVALUATION RESERVE 2019
£
Revaluation reserve(192,444)
(192,444)