Company Registration No. 8619993 (England and Wales)
GAYWOOD INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 July 2022
GAYWOOD INVESTMENTS LIMITED
Unaudited accounts
Contents
GAYWOOD INVESTMENTS LIMITED
Company Information
for the year ended 31 July 2022
Directors
Mr Mark John Gaywood
Mrs Debra Elaine Hobbs
Company Number
8619993 (England and Wales)
Registered Office
PATTLES GROVE HOUSE
CHEDBURGH ROAD
WHEPSTEAD
SUFFOLK
IP29 4SU
GAYWOOD INVESTMENTS LIMITED
Statement of financial position
as at 31 July 2022
Tangible assets
509,717
439,456
Investment property
873,614
301,670
Debtors
1,115,392
1,246,737
Cash at bank and in hand
196,023
246,094
Creditors: amounts falling due within one year
(676,907)
(693,490)
Net current assets
634,508
799,341
Total assets less current liabilities
2,017,839
1,540,467
Provisions for liabilities
Deferred tax
(13,471)
(13,471)
Net assets
2,004,368
1,526,996
Called up share capital
10
10
Profit and loss account
2,004,358
1,526,986
Shareholders' funds
2,004,368
1,526,996
For the year ending 31 July 2022 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 August 2022 and were signed on its behalf by
Mr Mark John Gaywood
Director
Company Registration No. 8619993
GAYWOOD INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 July 2022
GAYWOOD INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8619993. The registered office is PATTLES GROVE HOUSE, CHEDBURGH ROAD, WHEPSTEAD, SUFFOLK, IP29 4SU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 August 2021
422,707
-
4,167
16,853
10,567
454,294
Additions
-
116,000
-
-
-
116,000
Disposals
-
-
(4,167)
-
-
(4,167)
At 31 July 2022
422,707
116,000
-
16,853
10,567
566,127
At 1 August 2021
-
-
1,042
5,680
8,116
14,838
Charge for the year
-
39,000
-
2,794
820
42,614
On disposals
-
-
(1,042)
-
-
(1,042)
At 31 July 2022
-
39,000
-
8,474
8,936
56,410
At 31 July 2022
422,707
77,000
-
8,379
1,631
509,717
At 31 July 2021
422,707
-
3,125
11,173
2,451
439,456
Fair value at 1 August 2021
301,670
GAYWOOD INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 July 2022
6
Debtors: amounts falling due within one year
2022
2021
Amounts due from group undertakings etc.
1,105,044
1,240,974
Accrued income and prepayments
1,563
1,563
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
103,050
105,928
Taxes and social security
-
1,002
Loans from directors
563,677
585,941
At the balance sheet date a directors loan due to Mr M Gaywood and Mrs Debra Hobbs totalling £563,677.(2021:£585,941 )
has been included within creditors due within one year.
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).