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4GC LTD




Company Registration Number:
03254282 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st March 2009

End date: 28th February 2010

SUBMITTED

4GC LTD

Company Information
for the Period Ended
28th February 2010




Director: Greg Gosling
Maria Luisa Gosling
Company secretary: Greg Gosling
Registered office: 50 Randall Drive
Toddington
Bedfordshire
LU5 6FE
Company Registration Number: 03254282 (England and Wales)

4GC LTD

Abbreviated Balance sheet
As at 28th February 2010

Notes 2010
£
2009
£
Fixed assets
Tangible assets: 3 13,894 12,962
Total fixed assets: 13,894 12,962
Current assets
Stocks: 0 0
Debtors: 4,258 7,780
Cash at bank and in hand: 59,005 60,972
Total current assets: 63,263 68,752
Creditors
Creditors: amounts falling due within one year 584 0
Net current assets (liabilities): 62,679 68,752
Total assets less current liabilities: 76,573 81,714
Creditors: amounts falling due after more than one year: 4 253 253
Total net assets (liabilities): 76,320 81,461

The notes form part of these financial statements

4GC LTD

Abbreviated Balance sheet
As at 28th February 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 5 20 20
Profit and Loss account: 76,300 81,441
Total shareholders funds: 76,320 81,461

For the year ending 28 February 2010 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.

The financial statements were approved by the Board of Directors on 14 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Greg Gosling
Status: Director

The notes form part of these financial statements

4GC LTD

Notes to the Abbreviated Accounts
for the Period Ended
28th February 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

    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. Plant and Machinery - 20% on cost, Fixtures and fittings - 20% on cost.

    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 circumstances indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

  • 3. Tangible assets

    Total
    Cost £
    At 01st March 2009: 36,138
    Additions: 1,765
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    At 28th February 2010: 37,903
    Depreciation
    At 01st March 2009: 23,176
    Charge for year: 833
    At 28th February 2010: 24,009
    Net book value
    At 28th February 2010: 13,894
    At 28th February 2009: 12,962

  • 4. Creditors: amounts falling due after more than one year

    2010
    £
    2009
    £
    Other creditors: 253 253
    Total: 253 253

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 20 1 20
    Total share capital: 20
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 20 1 20
    Total share capital: 20