1 April 2021 false No description of principal activity Taxfiler 2022.8.3 10652857business:PrivateLimitedCompanyLtd2021-04-012022-03-31 106528572021-03-31 106528572021-04-012022-03-31 10652857business:AuditExempt-NoAccountantsReport2021-04-012022-03-31 10652857business:FullAccounts2021-04-012022-03-31 106528572022-03-31 10652857business:Director12021-04-012022-03-31 10652857business:RegisteredOffice2021-04-012022-03-31 106528572021-03-31 10652857core:WithinOneYear2022-03-31 10652857core:WithinOneYear2021-03-31 10652857core:AfterOneYear2022-03-31 10652857core:AfterOneYear2021-03-31 10652857core:ShareCapital2022-03-31 10652857core:ShareCapital2021-03-31 10652857core:RetainedEarningsAccumulatedLosses2022-03-31 10652857core:RetainedEarningsAccumulatedLosses2021-03-31 10652857business:SmallEntities2021-04-012022-03-31 10652857countries:EnglandWales2021-04-012022-03-31 10652857core:MotorVehicles2021-04-012022-03-31 10652857core:MotorVehicles2021-03-31 10652857core:MotorVehicles2022-03-31 106528572020-04-012021-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10652857 (England and Wales)
G&B Decorating Contractors Ltd Unaudited accounts for the year ended 31 March 2022
G&B Decorating Contractors Ltd Unaudited accounts Contents
Page
- 2 -
G&B Decorating Contractors Ltd Company Information for the year ended 31 March 2022
Director
Jason Barry
Company Number
10652857 (England and Wales)
Registered Office
39 FAIRVIEW TYNANT PONTYPRIDD CF38 2DE WALES
- 3 -
G&B Decorating Contractors Ltd Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
44,391 
42,190 
Current assets
Debtors
73,337 
8,265 
Cash at bank and in hand
(1,401)
24,496 
71,936 
32,761 
Creditors: amounts falling due within one year
(3,449)
38,108 
Net current assets
68,487 
70,869 
Total assets less current liabilities
112,878 
113,059 
Creditors: amounts falling due after more than one year
(74,156)
(49,500)
Net assets
38,722 
63,559 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
38,720 
63,557 
Shareholders' funds
38,722 
63,559 
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 12 August 2022 and were signed on its behalf by
Jason Barry Director Company Registration No. 10652857
- 4 -
G&B Decorating Contractors Ltd Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
G&B Decorating Contractors Ltd is a private company, limited by shares, registered in England and Wales, registration number 10652857. The registered office is 39 FAIRVIEW, TYNANT, PONTYPRIDD, CF38 2DE, WALES.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
Straight line
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2021
67,597 
Additions
25,467 
At 31 March 2022
93,064 
Depreciation
At 1 April 2021
25,407 
Charge for the year
23,266 
At 31 March 2022
48,673 
Net book value
At 31 March 2022
44,391 
At 31 March 2021
42,190 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
189 
3,238 
Trade debtors
18,418 
5,027 
Other debtors
54,730 
- 
73,337 
8,265 
- 5 -
G&B Decorating Contractors Ltd Notes to the Accounts for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
3,428 
7,124 
Taxes and social security
18 
(16,724)
Other creditors
3 
(28,508)
3,449 
(38,108)
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
74,156 
49,500 
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).
- 6 -