Abbreviated Company Accounts - GLEN INFORMATION RECRUITMENT LIMITED

GLEN INFORMATION RECRUITMENT LIMITED - Company Information

03973060 GLEN INFORMATION RECRUITMENT LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 03973060 2013-06-01 2014-05-31 03973060 2014-05-31 03973060 2013-05-31 03973060 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 03973060 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 03973060

GLEN INFORMATION RECRUITMENT LIMITED

Abbreviated Accounts

31 May 2014

GLEN INFORMATION RECRUITMENT LIMITED Registered Number 03973060

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	30,000	60,000
Tangible assets	3	1,581	1,584
		31,581	61,584
Current assets
Debtors		55,483	29,526
Cash at bank and in hand		297	27,617
		55,780	57,143
Creditors: amounts falling due within one year		(54,575)	(70,771)
Net current assets (liabilities)		1,205	(13,628)
Total assets less current liabilities		32,786	47,956
Total net assets (liabilities)		32,786	47,956
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		32,686	47,856
Shareholders' funds		32,786	47,956

For the year ending 31 May 2014 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 12 November 2014

And signed on their behalf by:
Mr D Wilkinson, Director
Ms A Christou, Director

GLEN INFORMATION RECRUITMENT LIMITED Registered Number 03973060

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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, fittings and equipment 25% reducing balance.

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

Other accounting policies
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

2Intangible fixed assets

	£
Cost
At 1 June 2013	300,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	300,000
Amortisation
At 1 June 2013	240,000
Charge for the year	30,000
On disposals	-
At 31 May 2014	270,000
Net book values
At 31 May 2014	30,000
At 31 May 2013	60,000

3Tangible fixed assets

	£
Cost
At 1 June 2013	3,657
Additions	523
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	4,180
Depreciation
At 1 June 2013	2,073
Charge for the year	526
On disposals	-
At 31 May 2014	2,599
Net book values
At 31 May 2014	1,581
At 31 May 2013	1,584

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100