Gethen Smith Associates Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09780308 (England and Wales)

ABBREVIATED UNAUDITED CESSATION ACCOUNTS

FOR THE PERIOD

16 SEPTEMBER 2015 TO 30 SEPTEMBER 2016

FOR

GETHEN SMITH ASSOCIATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R E Gethen Smith

E J Gethen Smith

REGISTERED OFFICE:

1st Floor Atlantic House

Jengers Mead

Billingshurst

West Sussex

RH14 9PB

REGISTERED NUMBER:

09780308 (England and Wales)

ACCOUNTANTS:

Hilton Sharp & Clarke

Chartered Accountants

30 New Road

Brighton

East Sussex

BN1 1BN

CURRENT ASSETS

Debtors

30,107

Cash at bank

14,719

44,826

CREDITORS

Amounts falling due within one year

(19,828

)

NET CURRENT ASSETS

24,998

TOTAL ASSETS LESS CURRENT
LIABILITIES

24,998

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

24,898

SHAREHOLDERS' FUNDS

24,998

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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 14 November 2016 and were signed on its behalf by:

R E Gethen Smith - 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 services, excluding value added tax.

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

-

33.3% straight line

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

229

Disposals

(229

)

At 30 September 2016

-

DEPRECIATION

Charge for period

79

Eliminated on disposal

(79

)

At 30 September 2016

-

NET BOOK VALUE

At 30 September 2016

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

50

Ordinary

£1

50

Ordinary A

£1

50

100

The following shares were allotted and fully paid for cash at par during the period:

50 Ordinary shares of £1 each

50 Ordinary A shares of £1 each