Abbreviated Company Accounts - GPS INTERNATIONAL LIMITED

Abbreviated Company Accounts - GPS INTERNATIONAL LIMITED


Registered Number SC319485

GPS INTERNATIONAL LIMITED

Abbreviated Accounts

31 March 2014

GPS INTERNATIONAL LIMITED Registered Number SC319485

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 138 184
138 184
Current assets
Debtors 6,562 12,264
Cash at bank and in hand 639 -
7,201 12,264
Creditors: amounts falling due within one year (6,918) (12,441)
Net current assets (liabilities) 283 (177)
Total assets less current liabilities 421 7
Total net assets (liabilities) 421 7
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 419 5
Shareholders' funds 421 7
  • For the year ending 31 March 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 21 November 2014

And signed on their behalf by:
Lawrence F Henry, Director

GPS INTERNATIONAL LIMITED Registered Number SC319485

Notes to the Abbreviated Accounts for the period ended 31 March 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2Tangible fixed assets
£
Cost
At 1 April 2013 479
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 479
Depreciation
At 1 April 2013 295
Charge for the year 46
On disposals -
At 31 March 2014 341
Net book values
At 31 March 2014 138
At 31 March 2013 184
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each 2 2