5ive-g Ltd - Abbreviated accounts 16.1

5ive-g Ltd - Abbreviated accounts 16.1

5IVE-G LTD - Company Information

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REGISTERED NUMBER: 09611875 (England and Wales)













ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 28 MAY 2015 TO 31 MAY 2016

FOR

5IVE-G LTD

5IVE-G LTD (REGISTERED NUMBER: 09611875)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 28 MAY 2015 TO 31 MAY 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Accountants' Report 4

5IVE-G LTD

COMPANY INFORMATION
FOR THE PERIOD 28 MAY 2015 TO 31 MAY 2016







DIRECTORS: D J Albert
L J Brooks
Mrs J Santos





REGISTERED OFFICE: Lonsdale House
High Street
Lutterworth
Leicestershire
LE17 4AD





REGISTERED NUMBER: 09611875 (England and Wales)





ACCOUNTANTS: Crowfoot Accountants Limited
Lonsdale House
High Street
Lutterworth
Leicestershire
LE17 4AD
Page 1
5IVE-G LTD (REGISTERED NUMBER: 09611875)

ABBREVIATED BALANCE SHEET
31 MAY 2016

Notes £    £   
FIXED ASSETS
Tangible assets 2 12,202

CURRENT ASSETS
Debtors 3,416
Cash at bank 56,069
59,485
CREDITORS
Amounts falling due within one year 27,821
NET CURRENT ASSETS 31,664
TOTAL ASSETS LESS CURRENT
LIABILITIES
43,866

PROVISIONS FOR LIABILITIES 2,440
NET ASSETS 41,426

CAPITAL AND RESERVES
Called up share capital 3 75
Share buyback (8,000 )
Profit and loss account 49,351
SHAREHOLDERS' FUNDS 41,426

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors on 2 November 2016 and were signed
on its behalf by:




Mrs J Santos - Director



L J Brooks - Director


The notes form part of these abbreviated accounts

Page 2
5IVE-G LTD (REGISTERED NUMBER: 09611875)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 28 MAY 2015 TO 31 MAY 2016

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 January 2015).

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.

Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

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
Additions 18,569
Disposals (2,300 )
At 31 May 2016 16,269
DEPRECIATION
Charge for period 4,067
At 31 May 2016 4,067
NET BOOK VALUE
At 31 May 2016 12,202

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
75 Ordinary £1 £1 75

100 Ordinary £1 shares of £1 were issued during the period for cash of £ 100 .

Page 3
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
5IVE-G LTD

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 three) 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 5ive-g Ltd for the period ended 31 May 2016 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of 5ive-g Ltd, 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 5ive-g Ltd and state those matters that we have agreed to state to the Board of Directors of 5ive-g Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. 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 5ive-g Ltd 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 5ive-g Ltd. You consider that 5ive-g Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of 5ive-g Ltd. 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.






Crowfoot Accountants Limited
Lonsdale House
High Street
Lutterworth
Leicestershire
LE17 4AD


2 November 2016

This page does not form part of the abbreviated accounts

Page 4