Abbreviated Company Accounts - GREGORY WHITE ASSOCIATES LTD

Abbreviated Company Accounts - GREGORY WHITE ASSOCIATES LTD

GREGORY WHITE ASSOCIATES LTD - Company Information

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Registered Number NI050596

GREGORY WHITE ASSOCIATES LTD

Abbreviated Accounts

30 September 2016

GREGORY WHITE ASSOCIATES LTD Registered Number NI050596

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 41 55
41 55
Current assets
Cash at bank and in hand 27,916 25,520
27,916 25,520
Creditors: amounts falling due within one year (27,872) (12,051)
Net current assets (liabilities) 44 13,469
Total assets less current liabilities 85 13,524
Total net assets (liabilities) 85 13,524
Capital and reserves
Called up share capital 2 2
Profit and loss account 83 13,522
Shareholders' funds 85 13,524
  • For the year ending 30 September 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 17 March 2017

And signed on their behalf by:
Mr Gregory White, Director

GREGORY WHITE ASSOCIATES LTD Registered Number NI050596

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared on a going concern basis under the historical cost convention and in accordance with the Companies Act 2006 and applicable accounting standards in the UK.

Turnover policy
Turnover represents amounts receivable for goods and services net of Vat and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows: fixtures & equipment 25% reducing balance.

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Tangible fixed assets
£
Cost
At 1 October 2015 173
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2016 173
Depreciation
At 1 October 2015 118
Charge for the year 14
On disposals -
At 30 September 2016 132
Net book values
At 30 September 2016 41
At 30 September 2015 55