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GLOBAL AIRLINE SUPPORT LIMITED




Company Registration Number:
06560457 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st May 2009

End date: 30th April 2010

SUBMITTED

GLOBAL AIRLINE SUPPORT LIMITED

Company Information
for the Period Ended
30th April 2010




Director: Robert Milne
Danielle Bahfir
Company secretary: Danielle Bahfir
Registered office: APT 159 187 Water Street
Manchester
England
M3 4NZ
GBR
Company Registration Number: 06560457 (England and Wales)

GLOBAL AIRLINE SUPPORT LIMITED

Abbreviated Balance sheet
As at 30th April 2010

Notes 2010
£
2009
£
Fixed assets
Intangible assets: 0 -
Tangible assets: 2 400 8,159
Total fixed assets: 400 8,159
Creditors
Total assets less current liabilities: 400 8,159
Total net assets (liabilities): 400 8,159

The notes form part of these financial statements

GLOBAL AIRLINE SUPPORT LIMITED

Abbreviated Balance sheet
As at 30th April 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 3 400 8,159
Total shareholders funds: 400 8,159

For the year ending 30 April 2010 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 30 April 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Robert Milne
Status: Director

The notes form part of these financial statements

GLOBAL AIRLINE SUPPORT LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
30th April 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008)

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings – 2% on cost or revalued amounts Plant and machinery – 25% on cost Fixtures and fittings – 25% on cost Motor vehicles – 25% on cost No depreciation is provided on freehold land

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstance indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    Current market value.

  • 2. Tangible assets

    Total
    Cost £
    At 01st May 2009: 8,159
    Revaluations: ( 5,719 )
    At 30th April 2010: 2,440
    Depreciation
    Charge for year: 2,040
    At 30th April 2010: 2,040
    Net book value
    At 30th April 2010: 400
    At 30th April 2009: 8,159

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1 8,159 8,159
    Total share capital: 8,159
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 10 40 400
    Total share capital: 400