Registered number
05585634
GBPS LTD
Abbreviated Accounts
31 October 2014
GBPS LTD
Registered number: 05585634
Abbreviated Balance Sheet
as at 31 October 2014
Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 256 230
Current assets
Debtors - 9,676
Cash at bank and in hand 26,377 23,441
26,377 33,117
Creditors: amounts falling due within one year (22,627) (21,747)
Net current assets 3,750 11,370
Net assets 4,006 11,600
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 3,906 11,500
Shareholders' funds 4,006 11,600
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
G Bolton
Director
Approved by the board on 23 January 2015
GBPS LTD
Notes to the Abbreviated Accounts
for the year ended 31 October 2014
1 Accounting policies
Basis of preparation
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
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% reducing balance
2 Tangible fixed assets £
Cost
At 1 November 2013 2,306
Additions 112
At 31 October 2014 2,418
Depreciation
At 1 November 2013 2,076
Charge for the year 86
At 31 October 2014 2,162
Net book value
At 31 October 2014 256
At 31 October 2013 230
3 Share capital Nominal 2014 2014 2013
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
GBPS LTD 05585634 false true 2013-11-01 2014-10-31 2014-10-31 G Bolton 05585634 uk-bus:OrdinaryShareClass1 2013-10-31 05585634 2013-11-01 2014-10-31 05585634 uk-bus:Director40 2013-11-01 2014-10-31 05585634 uk-gaap:PlantMachinery 2013-11-01 2014-10-31 05585634 uk-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 05585634 2014-10-31 05585634 uk-bus:OrdinaryShareClass1 2014-10-31 05585634 2013-10-31 iso4217:GBP xbrli:shares

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