Gardeners Guide Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07862296 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

GARDENERS GUIDE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs J M Currie

Mrs L A Smith

REGISTERED OFFICE:

11 Oak Close

Chiddingfold

Surrey

GU8 4SA

REGISTERED NUMBER:

07862296 (England and Wales)

ACCOUNTANTS:

Hilton Sharp & Clarke

30 New Road

Brighton

East Sussex

BN1 1BN

FIXED ASSETS

Intangible assets

2

-

1,667

Tangible assets

3

-

1,667

CURRENT ASSETS

Debtors

411

61

Cash at bank

560

323

971

384

CREDITORS

Amounts falling due within one year

(16,986

)

(16,117

)

NET CURRENT LIABILITIES

(16,015

)

(15,733

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(16,015

)

(14,066

)

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

(16,017

)

(14,068

)

SHAREHOLDERS' FUNDS

(16,015

)

(14,066

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 13 November 2016 and were signed on its behalf by:

Mrs J M Currie - 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 January 2015).

Turnover

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

Intellectual property

Amortisation is provided in order to write off the cost less residual value of each asset over its estimated useful life of 4

years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

50% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

10,000

AMORTISATION

At 1 April 2015

8,333

Amortisation for year

1,667

At 31 March 2016

10,000

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

1,667

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

3,028

DEPRECIATION

At 1 April 2015

and 31 March 2016

3,028

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2