Abbreviated Company Accounts - GLENCOE SOFTWARE LIMITED

GLENCOE SOFTWARE LIMITED - Company Information

SC291013 GLENCOE SOFTWARE LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true SC291013 2014-06-01 2015-05-31 SC291013 2015-05-31 SC291013 2014-05-31 SC291013 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 SC291013 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number SC291013

GLENCOE SOFTWARE LIMITED

Abbreviated Accounts

31 May 2015

GLENCOE SOFTWARE LIMITED Registered Number SC291013

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,174	663
		2,174	663
Current assets
Debtors		5,698	787
Cash at bank and in hand		27,379	15,131
		33,077	15,918
Net current assets (liabilities)		33,077	15,918
Total assets less current liabilities		35,251	16,581
Creditors: amounts falling due after more than one year		(22,686)	(9,010)
Total net assets (liabilities)		12,565	7,571
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		12,465	7,471
Shareholders' funds		12,565	7,571

For the year ending 31 May 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 December 2015

And signed on their behalf by:
Mr Jason Swedlow, Director

GLENCOE SOFTWARE LIMITED Registered Number SC291013

Notes to the Abbreviated Accounts for the period ended 31 May 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover comprises revenue recognised by the company in respect of good and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Office Equipment - 33% Straight Line

2Tangible fixed assets

	£
Cost
At 1 June 2014	989
Additions	2,741
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	3,730
Depreciation
At 1 June 2014	326
Charge for the year	1,230
On disposals	-
At 31 May 2015	1,556
Net book values
At 31 May 2015	2,174
At 31 May 2014	663

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary Shares shares of £1 each	100	100