Company Registration No. 08408926 (England and Wales)
GASTRO MED LIMITED
Unaudited accounts
for the year ended 28 February 2018
GASTRO MED LIMITED
Unaudited accounts
Contents
GASTRO MED LIMITED
Company Information
for the year ended 28 February 2018
Company Number
08408926 (England and Wales)
Registered Office
54 RUGBY ROAD
COVENTRY
CV3 2AX
ENGLAND
Accountants
The Accountancy Solutions
Apex House, Calthorpe Road
Edgbaston
Birmingham
West Midlands
B15 1TR
GASTRO MED LIMITED
Statement of financial position
as at 28 February 2018
Tangible assets
3,609
3,267
Cash at bank and in hand
13,754
216
Creditors: amounts falling due within one year
(14,277)
(12,648)
Net current (liabilities)/assets
(523)
2,568
Called up share capital
2
2
Profit and loss account
3,084
5,833
Shareholders' funds
3,086
5,835
For the year ending 28 February 2018 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 October 2018.
Mr Aamir SAJJAD
Director
Company Registration No. 08408926
GASTRO MED LIMITED
Notes to the Accounts
for the year ended 28 February 2018
GASTRO MED LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08408926. The registered office is 54 RUGBY ROAD, COVENTRY, CV3 2AX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% Straight Line
Computer equipment
10% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2017
1,775
2,812
4,587
At 28 February 2018
1,775
3,702
5,477
At 1 March 2017
584
736
1,320
Charge for the year
178
370
548
At 28 February 2018
762
1,106
1,868
At 28 February 2018
1,013
2,596
3,609
At 28 February 2017
1,191
2,076
3,267
GASTRO MED LIMITED
Notes to the Accounts
for the year ended 28 February 2018
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
12,704
11,033
Other creditors
1,573
1,615
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 0 (2017: 0).