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REGISTERED NUMBER: 07800041 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

for

General Products Limited

General Products Limited (Registered number: 07800041)






Contents of the Abbreviated Accounts
for the Year Ended 31 October 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

General Products Limited

Company Information
for the Year Ended 31 October 2016







DIRECTORS: Ms E Barnes
R Jones





REGISTERED OFFICE: 6a St Andrews Court
Wellington Street
Thame
Oxfordshire
OX9 3WT





REGISTERED NUMBER: 07800041 (England and Wales)





ACCOUNTANTS: Fizz Accounting Limited
6a St Andrews Court
Wellington Street
Thame
Oxfordshire
OX9 3WT

General Products Limited (Registered number: 07800041)

Abbreviated Balance Sheet
31 October 2016

31.10.16 31.10.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 7,439 4,505

CURRENT ASSETS
Debtors 32,755 1,191
Cash at bank 8,420 9,433
41,175 10,624
CREDITORS
Amounts falling due within one year 49,567 19,208
NET CURRENT LIABILITIES (8,392 ) (8,584 )
TOTAL ASSETS LESS CURRENT LIABILITIES (953 ) (4,079 )

CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and loss account (955 ) (4,081 )
SHAREHOLDERS' FUNDS (953 ) (4,079 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 12 May 2017 and were signed on its behalf by:





Ms E Barnes - Director


General Products Limited (Registered number: 07800041)

Notes to the Abbreviated Accounts
for the Year Ended 31 October 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on cost and 20% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2015 6,069
Additions 5,673
At 31 October 2016 11,742
DEPRECIATION
At 1 November 2015 1,564
Charge for year 2,739
At 31 October 2016 4,303
NET BOOK VALUE
At 31 October 2016 7,439
At 31 October 2015 4,505

General Products Limited (Registered number: 07800041)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 October 2016

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.16 31.10.15
value: £    £   
1 Ordinary £1 1 1
1 Preference £1 1 1
2 2