Registered Number 03805731

GNK TRADING LTD

Abbreviated Accounts

31 March 2014

GNK TRADING LTD Registered Number 03805731

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 26,983 20,964
Investments - -
26,983 20,964
Current assets
Stocks 2,086,122 1,097,228
Debtors 1,910,689 974,918
Investments - -
Cash at bank and in hand 37,257 30,817
4,034,068 2,102,963
Prepayments and accrued income - -
Creditors: amounts falling due within one year (2,795,839) (1,478,406)
Net current assets (liabilities) 1,238,229 624,557
Total assets less current liabilities 1,265,212 645,521
Creditors: amounts falling due after more than one year (220,524) (250,577)
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 1,044,688 394,944
Capital and reserves
Called up share capital 99 99
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 1,044,589 394,845
Shareholders' funds 1,044,688 394,944
  • 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 10 November 2014

And signed on their behalf by:
Ganesh Kakar, Director

GNK TRADING LTD Registered Number 03805731

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.

2Tangible fixed assets
£
Cost
At 1 April 2013 43,753
Additions 13,174
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2014 56,927
Depreciation
At 1 April 2013 22,789
Charge for the year 7,155
On disposals 0
At 31 March 2014 29,944
Net book values
At 31 March 2014 26,983
At 31 March 2013 20,964