Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
GLORY TO GLORY LTD
Contents
|
|||
|
|||
|
The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5 ) have been prepared.
Financial Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
GLORY TO GLORY LTD
for the Year Ended 31 March 2016
It is your duty to ensure that GLORY TO GLORY LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GLORY TO GLORY LTD. You consider that GLORY TO GLORY LTD is exempt from the statutory audit requirement for the year.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GLORY TO GLORY LTD for the year ended 31 March 2016 set out on pages 2 to 3 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Financial Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.Ifa.org.uk/
This report is made solely to the Board of Directors of GLORY TO GLORY LTD
, as a body, in accordance with the terms of our engagement . Our work has been undertaken solely to prepare for your approval the accounts of GLORY TO GLORY LTD
and state those matters that we have agreed to state to them, as a body, in this report in accordance with our terms of engagement.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GLORY TO GLORY LTD
and its Board of Directors as a body for our work or for this report.
We have not been instructed to carry out an audit or a review of the accounts of GLORY TO GLORY LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
K & N ACCOUNTING LTD
60 Windsor Avenue
London
South West London
SW19 2RR
11 August 2016
GLORY TO GLORY LTD
(Registration number: 08581472)
Abbreviated Balance Sheet at 31 March 2016
Note |
2016
|
2015
|
|||||||
Fixed assets |
|||||||||
Tangible fixed assets |
|
|
|||||||
Current assets |
|||||||||
Debtors |
|
|
|||||||
Cash at bank and in hand |
|
|
|||||||
|
|
||||||||
Creditors: Amounts falling due within one year |
( |
( |
|||||||
Net current assets |
|
|
|||||||
Total assets less current liabilities |
|
|
|||||||
Provisions for liabilities |
( |
- |
|||||||
Net assets |
|
|
|||||||
Capital and reserves |
|||||||||
Called up share capital |
|
|
|||||||
Profit and loss account |
|
|
|||||||
Shareholders' funds |
|
|
For the year ending 31 March 2016 the company was entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies.
Approved by the director on
.........................................
Miss Margirina NHERERA
Director
2
GLORY TO GLORY LTD
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Accounting policies |
Basis of preparation
The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.
Going concern
The financial statements have been prepared on a going concern basis.
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Office Equipment |
|
Deferred tax
Financial instruments
GLORY TO GLORY LTD
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Fixed assets |
Tangible assets
|
Total
|
|||||
Cost |
||||||
At 1 April 2015 |
349 |
349 |
||||
Additions |
660 |
660 |
||||
At 31 March 2016 |
1,009 |
1,009 |
||||
Depreciation |
||||||
At 1 April 2015 |
116 |
116 |
||||
Charge for the year |
336 |
336 |
||||
At 31 March 2016 |
452 |
452 |
||||
Net book value |
||||||
At 31 March 2016 |
|
|
||||
At 31 March 2015 |
|
|
Debtors |
Debtors includes £nil (2015 - £nil) receivable after more than one year.
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
|||||||||||
No. |
£ |
No. |
£ |
|||||||||
|
|
|
|
|
||||||||
GLORY TO GLORY LTD
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Related party transactions |
Director's advances and credits |
2016 |
2016 |
2015 |
2015 |
|
Miss Margirina NHERERA |
||||
|
|
- |
1,210 |
- |