G. P. Forum Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03101749 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2016

for

G. P. Forum Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M Banks

Mrs R Banks

SECRETARY:

Mrs R Banks

REGISTERED OFFICE:

Handley Lodge Farm

Handley Lane

Handley

S45 9AT

REGISTERED NUMBER:

03101749 (England and Wales)

ACCOUNTANTS:

Camplejohn Rowan

CFC House

Acorn Business Park

Woodseats Close

Sheffield

South Yorkshire

S8 0TB

FIXED ASSETS

Tangible assets

2

76

101

CURRENT ASSETS

Debtors

41,654

32,541

Cash at bank

-

4,149

41,654

36,690

CREDITORS

Amounts falling due within one year

3

(36,459

)

(26,270

)

NET CURRENT ASSETS

5,195

10,420

TOTAL ASSETS LESS CURRENT LIABILITIES

5,271

10,521

CREDITORS

Amounts falling due after more than one year

3

(4,730

)

(9,890

)

PROVISIONS FOR LIABILITIES

(15

)

(20

)

NET ASSETS

526

611

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

524

609

SHAREHOLDERS' FUNDS

526

611

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 22 May 2017 and were signed on its behalf by:

M Banks - 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 each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

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 September 2015

and 31 August 2016

1,011

DEPRECIATION

At 1 September 2015

910

Charge for year

25

At 31 August 2016

935

NET BOOK VALUE

At 31 August 2016

76

At 31 August 2015

101

3.

CREDITORS

Creditors include an amount of £ 20,505 (31.8.15 - £ 15,050 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

2

Ordinary

£1

2

2

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties during the period were M Banks and Mrs R Banks by virtue of their holding of

100% of the voting share capital of the company.