Registered Number 07643405

GSR EUROPE LTD

Abbreviated Accounts

31 May 2013

GSR EUROPE LTD Registered Number 07643405

Abbreviated Balance Sheet as at 31 May 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 1,208 1,513
1,208 1,513
Current assets
Debtors 5,071 1,590
Cash at bank and in hand 10,805 10,788
15,876 12,378
Creditors: amounts falling due within one year (16,898) (10,295)
Net current assets (liabilities) (1,022) 2,083
Total assets less current liabilities 186 3,596
Total net assets (liabilities) 186 3,596
Capital and reserves
Called up share capital 1 1
Profit and loss account 185 3,595
Shareholders' funds 186 3,596
  • For the year ending 31 May 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 6 June 2013

And signed on their behalf by:
Grant Ring, Director

GSR EUROPE LTD Registered Number 07643405

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

1Accounting Policies

Turnover policy
represents value, net of value added tax and discounts, of goods provided to customers and work carried out in
respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful
lives.

2Tangible fixed assets
£
Cost
At 1 June 2012 1,767
Additions 599
Disposals (599)
Revaluations -
Transfers -
At 31 May 2013 1,767
Depreciation
At 1 June 2012 254
Charge for the year 442
On disposals (137)
At 31 May 2013 559
Net book values
At 31 May 2013 1,208
At 31 May 2012 1,513