Abbreviated Company Accounts - GCM ENTERPRISES LIMITED

05837791 GCM ENTERPRISES LIMITED 2013-07-31 false 2012-08-01 2013-07-31 true 05837791 2012-08-01 2013-07-31 05837791 2013-07-31 05837791 2012-07-31 05837791 uk-gaap-cd-bus:Director1 2012-08-01 2013-07-31 05837791 uk-gaap-cd-bus:Director2 2012-08-01 2013-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-08-01 2013-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-07-31 iso4217:GBP shares

Registered Number 05837791

GCM ENTERPRISES LIMITED

Abbreviated Accounts

31 July 2013

GCM ENTERPRISES LIMITED Registered Number 05837791

Abbreviated Balance Sheet as at 31 July 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	18,403	23,577
		18,403	23,577
Current assets
Stocks		120,000	124,984
Debtors		5,408	2,292
Cash at bank and in hand		10,058	12,498
		135,466	139,774
Creditors: amounts falling due within one year		(46,155)	(36,374)
Net current assets (liabilities)		89,311	103,400
Total assets less current liabilities		107,714	126,977
Creditors: amounts falling due after more than one year		(141,983)	(157,962)
Total net assets (liabilities)		(34,269)	(30,985)
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		(35,269)	(31,985)
Shareholders' funds		(34,269)	(30,985)

For the year ending 31 July 2013 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 30 April 2014

And signed on their behalf by:
Mr Gary Mills, Director

GCM ENTERPRISES LIMITED Registered Number 05837791

Notes to the Abbreviated Accounts for the period ended 31 July 2013

1Accounting Policies

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 12.50% straight line
motor vehicles none used

2Tangible fixed assets

	£
Cost
At 1 August 2012	42,132
Additions	3,249
Disposals	(7,537)
Revaluations	-
Transfers	-
At 31 July 2013	37,844
Depreciation
At 1 August 2012	18,555
Charge for the year	3,900
On disposals	(3,014)
At 31 July 2013	19,441
Net book values
At 31 July 2013	18,403
At 31 July 2012	23,577

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
1,000 Ordinary shares of £1 each	1,000	1,000