GEM UK Limited 04573085 false 2021-01-01 2021-12-31 2021-12-31 The principal activity of the company is the sale of circuit boards Digita Accounts Production Advanced 6.30.9574.0 true 04573085 2021-01-01 2021-12-31 04573085 2021-12-31 04573085 core:CurrentFinancialInstruments core:WithinOneYear 2021-12-31 04573085 core:Non-currentFinancialInstruments core:AfterOneYear 2021-12-31 04573085 bus:Micro-entities 2021-01-01 2021-12-31 04573085 bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 04573085 bus:FullAccounts 2021-01-01 2021-12-31 04573085 bus:SmallCompaniesRegimeForAccounts 2021-01-01 2021-12-31 04573085 bus:RegisteredOffice 2021-01-01 2021-12-31 04573085 bus:CompanySecretaryDirector1 2021-01-01 2021-12-31 04573085 bus:Director7 2021-01-01 2021-12-31 04573085 bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 04573085 countries:EnglandWales 2021-01-01 2021-12-31 04573085 2020-01-01 2020-12-31 04573085 2020-12-31 04573085 core:CurrentFinancialInstruments core:WithinOneYear 2020-12-31 04573085 core:Non-currentFinancialInstruments core:AfterOneYear 2020-12-31 iso4217:GBP xbrli:pure

Registration number: 04573085

GEM UK Limited

Filleted Unaudited Financial Statements

for the Year Ended 31 December 2021

 

GEM UK Limited

(Registration number: 04573085)
Statement of Financial Position as at 31 December 2021

2021
£

2020
£

Fixed assets

47,198

53,941

Current assets

642,831

839,773

Prepayments and accrued income

9,956

4,305

Creditors: Amounts falling due within one year

(220,774)

(403,298)

Net current assets

432,013

440,780

Total assets less current liabilities

479,211

494,721

Creditors: Amounts falling due after more than one year

(37,500)

-

Provisions for liabilities

(6,359)

(8,794)

Accruals and deferred income

(3,032)

(1,954)

 

432,320

483,973

Capital and reserves

432,320

483,973

1

General information

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Suite A Unit 16, Cirencester Office Park, Tetbury Road, Cirencester, Glos, GL7 6JJ

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

 

GEM UK Limited

(Registration number: 04573085)
Statement of Financial Position as at 31 December 2021 (continued)

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2020 - 7).

Approved and authorised by the Board on 22 July 2022 and signed on its behalf by:
 

Mr G J Middleton
Company secretary and director

Mr D J Harris
Director