GARRECK_DIRECT_COMMUNICAT - Accounts

GARRECK DIRECT COMMUNICATIONS LIMITED - Company Information

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Company Registration No. 04583437 (England and Wales)

GARRECK DIRECT COMMUNICATIONS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

GARRECK DIRECT COMMUNICATIONS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

GARRECK DIRECT COMMUNICATIONS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 NOVEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

516

775

Current assets

Debtors

4,239

10,702

Cash at bank and in hand

212

4,239

10,914

Creditors: amounts falling due within one year

(14,685)

(26,989)

Net current liabilities

(10,446)

(16,075)

Total assets less current liabilities

(9,930)

(15,300)

Capital and reserves

Called up share capital

100

Profit and loss account

(10,030)

(15,400)

Shareholders' funds

(9,930)

(15,300)

For the financial year ended 30 November 2014 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 28 August 2015

G J Henderson

Director

Company Registration No. 04583437

GARRECK DIRECT COMMUNICATIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

- 2 -

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).

Going concern
The director has confirmed he will continue to give financial support to the company to enable it to meet its operational costs as they fall due. The director therefore considers that the financial statements should be prepared on a going concern basis.

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 marketing services net of VAT.

1.4

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:

Fixtures, fittings & equipment

25% straight line

Fixed assets

Tangible assets

Cost

At 1 December 2013

13,029

Disposals

(11,995)

At 30 November 2014

1,034

Depreciation

At 1 December 2013

12,254

On disposals

(11,995)

Charge for the year

259

At 30 November 2014

518

Net book value

At 30 November 2014

516

At 30 November 2013

775

GARRECK DIRECT COMMUNICATIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 NOVEMBER 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

100 Ordinary Shares of £1 each

100