Giraffe Consulting Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC252222 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Giraffe Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J M J Lawson Hill

REGISTERED OFFICE:

Douglas Home & Co Ltd

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

REGISTERED NUMBER:

SC252222 (Scotland)

ACCOUNTANTS:

Douglas Home & Co Ltd

Chartered Accountants

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

FIXED ASSETS

Tangible assets

2

1,395

1,247

CURRENT ASSETS

Stocks

14,000

10,243

Debtors

45,587

15,910

Cash at bank

31,183

32,284

90,770

58,437

CREDITORS

Amounts falling due within one year

46,678

21,883

NET CURRENT ASSETS

44,092

36,554

TOTAL ASSETS LESS CURRENT LIABILITIES

45,487

37,801

CAPITAL AND RESERVES

Called up share capital

3

100

1

Profit and loss account

45,387

37,800

SHAREHOLDERS' FUNDS

45,487

37,801

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 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 28 March 2016 and were signed by:

J M J Lawson Hill - 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

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 July 2014

3,761

Additions

817

At 30 June 2015

4,578

DEPRECIATION

At 1 July 2014

2,514

Charge for year

669

At 30 June 2015

3,183

NET BOOK VALUE

At 30 June 2015

1,395

At 30 June 2014

1,247

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/6/15

30/6/14

value:

£

£

1

Ordinary shares

1

100

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2015 and

30 June 2014:

30/6/15

30/6/14

£

£

J M J Lawson Hill

Balance outstanding at start of year

(3,452

)

(1,542

)

Amounts advanced

70,272

25,422

Amounts repaid

(38,538

)

(27,332

)

Balance outstanding at end of year

28,282

(3,452

)

At 30 June 2015 Mr J M J Lawson Hill owed the company £28,282.