Gladerealm Limited - Limited company - abbreviated

GLADEREALM LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A W Adams

SECRETARY:

Mrs J D Adams

REGISTERED OFFICE:

The Old School House

St. James Road

Goffs Oak

Cuffley

Hertfordshire

EN7 6TP

REGISTERED NUMBER:

01909188 (England and Wales)

ACCOUNTANTS:

Vinney Ross & Co Ltd

Greenhill House, Suit B

184 Station Road

Harrow

Middlesex

HA1 2RH

FIXED ASSETS

Tangible assets

2

1,097

2,086

CURRENT ASSETS

Stocks

296

225

Debtors

12,629

13,574

Cash at bank and in hand

35,496

2,775

48,421

16,574

CREDITORS

Amounts falling due within one year

38,131

9,163

NET CURRENT ASSETS

10,290

7,411

TOTAL ASSETS LESS CURRENT
LIABILITIES

11,387

9,497

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

11,287

9,397

SHAREHOLDERS' FUNDS

11,387

9,497

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27 May 2015 and were signed by:

A W Adams - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

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 etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

29,407

DEPRECIATION

At 1 January 2014

27,321

Charge for year

989

At 31 December 2014

28,310

NET BOOK VALUE

At 31 December 2014

1,097

At 31 December 2013

2,086

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

100

Ordinary

£1

100

Gladerealm Limited - Limited company - abbreviated - 11.6

Gladerealm Limited - Limited company - abbreviated - 11.6