Giraffe Consulting Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC252222 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Giraffe Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J M J Lawson Hill

REGISTERED OFFICE:

Douglas Home & Co Ltd

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

REGISTERED NUMBER:

SC252222 (Scotland)

ACCOUNTANTS:

Douglas Home & Co Ltd

Chartered Accountants

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

FIXED ASSETS

Tangible assets

2

2,203

1,395

CURRENT ASSETS

Stocks

-

14,000

Debtors

59,245

45,587

Cash at bank

33,813

31,183

93,058

90,770

CREDITORS

Amounts falling due within one year

19,464

46,678

NET CURRENT ASSETS

73,594

44,092

TOTAL ASSETS LESS CURRENT
LIABILITIES

75,797

45,487

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

75,697

45,387

SHAREHOLDERS' FUNDS

75,797

45,487

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 25 January 2017 and were signed by:

J M J Lawson Hill - 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.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

At 1 July 2015

4,578

Additions

1,635

Disposals

(499

)

At 30 June 2016

5,714

DEPRECIATION

At 1 July 2015

3,183

Charge for year

827

Eliminated on disposal

(499

)

At 30 June 2016

3,511

NET BOOK VALUE

At 30 June 2016

2,203

At 30 June 2015

1,395

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/6/16

30/6/15

value:

£

1

Ordinary shares

1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2016 and

30 June 2015:

30/6/16

30/6/15

£

J M J Lawson Hill

Balance outstanding at start of year

28,282

(3,452

)

Amounts advanced

73,715

70,272

Amounts repaid

(45,812

)

(38,538

)

Balance outstanding at end of year

56,185

28,282

At 30 June 2016 Mr J M J Lawson Hill owed the company £56,185.