Abbreviated Company Accounts - GEN-TECH PRODUCTS LIMITED

Abbreviated Company Accounts - GEN-TECH PRODUCTS LIMITED

GEN-TECH PRODUCTS LIMITED - Company Information

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Registered Number 04430049

GEN-TECH PRODUCTS LIMITED

Abbreviated Accounts

31 March 2016

GEN-TECH PRODUCTS LIMITED Registered Number 04430049

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 250,521 202,170
250,521 202,170
Current assets
Stocks 23,281 11,761
Debtors 255,418 220,095
Cash at bank and in hand 5,522 18,634
284,221 250,490
Creditors: amounts falling due within one year (166,973) (181,028)
Net current assets (liabilities) 117,248 69,462
Total assets less current liabilities 367,769 271,632
Creditors: amounts falling due after more than one year (131,214) (125,274)
Provisions for liabilities (12,959) (2,108)
Total net assets (liabilities) 223,596 144,250
Capital and reserves
Called up share capital 100 100
Profit and loss account 223,496 144,150
Shareholders' funds 223,596 144,250
  • For the year ending 31 March 2016 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 19 October 2016

And signed on their behalf by:
A Lewis, Director

GEN-TECH PRODUCTS LIMITED Registered Number 04430049

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 April 2015 267,422
Additions 63,197
Disposals -
Revaluations -
Transfers -
At 31 March 2016 330,619
Depreciation
At 1 April 2015 65,252
Charge for the year 14,846
On disposals -
At 31 March 2016 80,098
Net book values
At 31 March 2016 250,521
At 31 March 2015 202,170