G-UNIT LTD

Company Registration Number:
SC478779 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2018

Period of accounts

Start date: 01 June 2017

End date: 31 May 2018

G-UNIT LTD

Contents of the Financial Statements

for the Period Ended 31 May 2018

Balance sheet
Notes

G-UNIT LTD

Balance sheet

As at 31 May 2018


Notes

2018

2017


£

£
Fixed assets
Tangible assets: 2 21,939 11,944
Total fixed assets: 21,939 11,944
Current assets
Stocks: 9,967 10,671
Debtors:   23,048 22,356
Cash at bank and in hand: 82,844 66,297
Total current assets: 115,859 99,324
Creditors: amounts falling due within one year:   (63,677) (59,504)
Net current assets (liabilities): 52,182 39,820
Total assets less current liabilities: 74,121 51,764
Creditors: amounts falling due after more than one year:   (5,538) (17,555)
Total net assets (liabilities): 68,583 34,209
Capital and reserves
Called up share capital: 2 1
Profit and loss account: 68,581 34,208
Shareholders funds: 68,583 34,209

The notes form part of these financial statements

G-UNIT LTD

Balance sheet statements

For the year ending 31 May 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 November 2018
and signed on behalf of the board by:

Name: Mr J Gulter
Status: Director

The notes form part of these financial statements

G-UNIT LTD

Notes to the Financial Statements

for the Period Ended 31 May 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

G-UNIT LTD

Notes to the Financial Statements

for the Period Ended 31 May 2018

2. Tangible Assets

Total
Cost £
At 01 June 2017 20,552
Additions 13,434
At 31 May 2018 33,986
Depreciation
At 01 June 2017 8,608
Charge for year 3,439
At 31 May 2018 12,047
Net book value
At 31 May 2018 21,939
At 31 May 2017 11,944