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Company Registration No. 12641565 (England and Wales)
GB ABSEILING LIMITED Unaudited accounts for the year ended 30 June 2022
GB ABSEILING LIMITED Unaudited accounts Contents
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GB ABSEILING LIMITED Company Information for the year ended 30 June 2022
Director
GEORGE-ANDREI BACIU
Company Number
12641565 (England and Wales)
Registered Office
17 CAMPUS AVENUE DAGENHAM RM8 2FW ENGLAND
Accountants
FISCAL BRIDGE SERVICES LIMITED OFFICE 516,JHUMAT HOUSE 160 LONDON ROAD BARKING IG11 8BB
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GB ABSEILING LIMITED Statement of financial position as at 30 June 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
80 
13,089 
Cash at bank and in hand
1,777 
153 
1,857 
13,242 
Creditors: amounts falling due within one year
(3,074)
(3,453)
Net current (liabilities)/assets
(1,217)
9,789 
Net (liabilities)/assets
(1,217)
9,789 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,317)
9,689 
Shareholders' funds
(1,217)
9,789 
For the year ending 30 June 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 29 August 2022 and were signed on its behalf by
GEORGE-ANDREI BACIU Director Company Registration No. 12641565
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GB ABSEILING LIMITED Notes to the Accounts for the year ended 30 June 2022
1
Statutory information
GB ABSEILING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12641565. The registered office is 17 CAMPUS AVENUE, DAGENHAM, RM8 2FW, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
5
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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