GOF International Limited - Limited company - abbreviated - 11.9
GOF International Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30 APRIL 2015 |
| FOR |
| GOF INTERNATIONAL LIMITED |
| GOF INTERNATIONAL LIMITED (REGISTERED NUMBER: 01684123) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 APRIL 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Chartered Certified Accountants' Report | 6 |
| GOF INTERNATIONAL LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 APRIL 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| SOLICITORS: |
| GOF INTERNATIONAL LIMITED (REGISTERED NUMBER: 01684123) |
| ABBREVIATED BALANCE SHEET |
| 30 APRIL 2015 |
| 30.4.15 | 30.4.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
5 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| GOF INTERNATIONAL LIMITED (REGISTERED NUMBER: 01684123) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 APRIL 2015 |
| The financial statements were approved by the Board of Directors on behalf by: |
| GOF INTERNATIONAL LIMITED (REGISTERED NUMBER: 01684123) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 APRIL 2015 |
| 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 sales of goods net of VAT and trade discounts. Turnover is recognised when the |
| services are provided to the customer. |
| Tangible fixed assets |
| Freehold property | - |
| Short leasehold | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Freehold buildings are not depreciated over their useful economic life in accordance with FRS 15 and |
| it is also a departure from the general requirement of the Companies Act 2006. The directors have |
| always adopted a policy of continued maintenance and upkeep of its buildings which extends the |
| useful economic life of its assets to over 50 years. This is evidenced by the fact that the company has |
| been operating its trade for almost 50 years and intends to continue to do so. |
| In any case, due to the high residual value and the very long useful economic life no depreciation is |
| charged due to immateriality. |
| Stocks |
| Stock is valued at the lower of cost and net realisable value. Net realisable value represents estimated |
| selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged |
| stock where the net realisable value is less than cost. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2014 |
| Additions |
| At 30 April 2015 |
| DEPRECIATION |
| At 1 May 2014 |
| Charge for year |
| At 30 April 2015 |
| NET BOOK VALUE |
| At 30 April 2015 |
| At 30 April 2014 |
| GOF INTERNATIONAL LIMITED (REGISTERED NUMBER: 01684123) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 May 2014 |
| and 30 April 2015 | 250,000 |
| NET BOOK VALUE |
| At 30 April 2015 |
| At 30 April 2014 |
| 4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.4.15 | 30.4.14 |
| value: | £ | £ |
| Ordinary | 1 |
| CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| GOF INTERNATIONAL LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's |
| annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on |
| pages two to five) have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
| the financial statements of GOF International Limited for the year ended 30 April 2015 which comprise the |
| Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records |
| and from information and explanations you have given us. |
| As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com. |
| This report is made solely to the Board of Directors of GOF International Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of GOF International Limited and state those matters that we have agreed to state to the Board of Directors of GOF International Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that GOF International Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of GOF International Limited. You consider that GOF International Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of GOF International |
| Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or |
| information and explanations you have given to us and we do not, therefore, express any opinion on the |
| statutory financial statements. |
| Chartered Certified Accountants |
| 18 January 2016 |