Abbreviated Company Accounts - GLENABER LIMITED

Registered Number SC242360

GLENABER LIMITED

Abbreviated Accounts

31 January 2016

GLENABER LIMITED Registered Number SC242360

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	423	635
Investments	3	141,756	138,000
		142,179	138,635
Current assets
Cash at bank and in hand		571,294	504,839
		571,294	504,839
Creditors: amounts falling due within one year		(233,356)	(210,352)
Net current assets (liabilities)		337,938	294,487
Total assets less current liabilities		480,117	433,122
Total net assets (liabilities)		480,117	433,122
Capital and reserves
Called up share capital		2	2
Profit and loss account		480,115	433,120
Shareholders' funds		480,117	433,122

For the year ending 31 January 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 27 October 2016

And signed on their behalf by:
Mrs M Bruce, Director

GLENABER LIMITED Registered Number SC242360

Notes to the Abbreviated Accounts for the period ended 31 January 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.

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 February 2015	2,114
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	2,114
Depreciation
At 1 February 2015	1,479
Charge for the year	212
On disposals	-
At 31 January 2016	1,691
Net book values
At 31 January 2016	423
At 31 January 2015	635

3Fixed assets Investments
Investments comprise bonds in companies listed on the London Stock Exchange.