Gary Kimberley Services Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09810160 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 5 OCTOBER 2015 TO 31 OCTOBER 2016

FOR

GARY KIMBERLEY SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G S Kimberley

T A Kimberley

REGISTERED OFFICE:

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

REGISTERED NUMBER:

09810160 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

2

12,360

CURRENT ASSETS

Debtors

8,685

Cash at bank

927

9,612

CREDITORS

Amounts falling due within one year

34,252

NET CURRENT LIABILITIES

(24,640

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,280

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(12,380

)

SHAREHOLDERS' FUNDS

(12,280

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 30 January 2017 and were signed on its behalf by:

G S Kimberley - Director

T A Kimberley - 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.

Motor vehicle

-

25% on reducing balance

Office equipment

-

33% on cost

Deferred tax

Deferred tax has been calculated, but the amount involved is not significant enough to materially affect the

financial statements, and therefore no provision has been made.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

16,539

At 31 October 2016

16,539

DEPRECIATION

Charge for period

4,179

At 31 October 2016

4,179

NET BOOK VALUE

At 31 October 2016

12,360

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

4.	GOING CONCERN

At 31 October 2016 the company had a net deficiency of assets of £12,280. The directors undertake to support

the company by leaving sufficient funds within the directors loan account until the situation has been fully

redressed. It is therefore deemed appropriate to prepare the financial statements on the going concern basis.