Registered Number 06007889

GLOBAL RELOCATIONS LTD

Abbreviated Accounts

31 December 2013

GLOBAL RELOCATIONS LTD Registered Number 06007889

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 3,451 3,249
3,451 3,249
Current assets
Debtors 41,776 22,670
Cash at bank and in hand 167,565 182,163
209,341 204,833
Creditors: amounts falling due within one year (32,008) (63,490)
Net current assets (liabilities) 177,333 141,343
Total assets less current liabilities 180,784 144,592
Provisions for liabilities (690) (650)
Total net assets (liabilities) 180,094 143,942
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 179,094 142,942
Shareholders' funds 180,094 143,942
  • For the year ending 31 December 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 10 April 2014

And signed on their behalf by:
B Scheiner, Director

GLOBAL RELOCATIONS LTD Registered Number 06007889

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

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 sales to outside customers excluding value added tax.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided to write off the cost of the assets over their expected useful lives. It is calculated on the original cost of the assets at the following rate:

Furniture and equipment – 25% per annum

Other accounting policies
Deferred taxation

Deferred tax is provided for on a non discounted basis on timing differences arising from the different treatment of items for accounting and taxation purposes which are expected to reverse in the future calculated at the rates at which it is expected that tax will arise.

2Tangible fixed assets
£
Cost
At 1 January 2013 7,082
Additions 2,523
Disposals -
Revaluations -
Transfers -
At 31 December 2013 9,605
Depreciation
At 1 January 2013 3,833
Charge for the year 2,321
On disposals -
At 31 December 2013 6,154
Net book values
At 31 December 2013 3,451
At 31 December 2012 3,249