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REGISTERED NUMBER: 12266040 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2021 TO 31 MAY 2022

FOR

GALLIUM HOMES (WINCHELSEA) LIMITED

GALLIUM HOMES (WINCHELSEA) LIMITED (REGISTERED NUMBER: 12266040)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2021 TO 31 MAY 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

GALLIUM HOMES (WINCHELSEA) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2021 TO 31 MAY 2022







DIRECTORS: D A Jensen
A W Slater





REGISTERED OFFICE: 28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ





REGISTERED NUMBER: 12266040 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ

GALLIUM HOMES (WINCHELSEA) LIMITED (REGISTERED NUMBER: 12266040)

BALANCE SHEET
31 MAY 2022

31.5.22 31.3.21
Notes £    £   
CURRENT ASSETS
Stocks - 499,976
Debtors 4 3,050 73
Cash at bank 27,659 22,584
30,709 522,633
CREDITORS
Amounts falling due within one year 5 7,047 397,073
NET CURRENT ASSETS 23,662 125,560
TOTAL ASSETS LESS CURRENT LIABILITIES 23,662 125,560

CREDITORS
Amounts falling due after more than one year 6 - 132,105
NET ASSETS/(LIABILITIES) 23,662 (6,545 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,562 (6,645 )
23,662 (6,545 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2022 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2022 and were signed on its behalf by:




D A Jensen - Director



A W Slater - Director


GALLIUM HOMES (WINCHELSEA) LIMITED (REGISTERED NUMBER: 12266040)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2021 TO 31 MAY 2022

1. STATUTORY INFORMATION

Gallium Homes (Winchelsea) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 '' The Financial Reporting Standard applicable in the UK and Republic of Ireland'' including the provisions of Section 1A ''Small Entities'' and the Companies Act 2006.

In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements. The directors have decided to cease trading as such the accounts have been prepared on the break-up basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2021 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.22 31.3.21
£    £   
Other debtors 3,050 73

GALLIUM HOMES (WINCHELSEA) LIMITED (REGISTERED NUMBER: 12266040)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2021 TO 31 MAY 2022

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.22 31.3.21
£    £   
Taxation and social security 6,447 -
Other creditors 600 397,073
7,047 397,073

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.22 31.3.21
£    £   
Bank loans - 132,105

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GALLIUM HOMES (WINCHELSEA) LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Gallium Homes (Winchelsea) Limited for the period ended 31 May 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Gallium Homes (Winchelsea) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Gallium Homes (Winchelsea) Limited and state those matters that we have agreed to state to the Board of Directors of Gallium Homes (Winchelsea) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gallium Homes (Winchelsea) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Gallium Homes (Winchelsea) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Gallium Homes (Winchelsea) Limited. You consider that Gallium Homes (Winchelsea) Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Gallium Homes (Winchelsea) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ


11 August 2022