Global Mediation Limited - Limited company - abbreviated

REGISTERED NUMBER: 03825882 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2015

for

GLOBAL MEDIATION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr A N Gersch

Mrs N R Gersch

Mr J I Lermer

SECRETARY:

Mr A N Gersch

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

03825882 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

2

3,699

558

CURRENT ASSETS

Debtors

131,443

162,109

Cash at bank and in hand

53,459

4,867

184,902

166,976

CREDITORS

Amounts falling due within one year

188,442

165,553

NET CURRENT (LIABILITIES)/ASSETS

(3,540

)

1,423

TOTAL ASSETS LESS CURRENT
LIABILITIES

159

1,981

CAPITAL AND RESERVES

Called up share capital

3

137

Profit and loss account

22

1,844

SHAREHOLDERS' FUNDS

159

1,981

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 5 July 2015 and were signed
on its behalf by:

Mr A N Gersch - 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 April 2008).

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

5,517

Additions

3,804

At 31 March 2015

9,321

DEPRECIATION

At 1 April 2014

4,959

Charge for year

663

At 31 March 2015

5,622

NET BOOK VALUE

At 31 March 2015

3,699

At 31 March 2014

558

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

65

'A' ORDINARY

£1

65

25

'B' ORDINARY

£1

25

10

'C' ORDINARY

£1

10

30

'D' ORDINARY

£1

30

7

'E' ORDINARY

£1

7

137

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the directors Mr A Gersch and Ms, were owed £15,385 and owed

(2014 £30) to the company.