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REGISTERED NUMBER: 10995646 (England and Wales)


Financial Statements for the Year Ended 30 November 2021

for

Gannaa Limited

Gannaa Limited (Registered number: 10995646)






Contents of the Financial Statements
for the Year Ended 30 November 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Gannaa Limited

Company Information
for the Year Ended 30 November 2021







DIRECTOR: Mr Umeshkumar Parekh





REGISTERED OFFICE: Bridge House
9-13, Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 10995646 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Gannaa Limited (Registered number: 10995646)

Statement of Financial Position
30 November 2021

30.11.21 30.11.20
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 22,980 24,190

CURRENT ASSETS
Inventories 12,687 12,912
Debtors 5 65,781 60,000
Cash at bank and in hand 10,817 11,045
89,285 83,957
CREDITORS
Amounts falling due within one year 6 29,916 30,043
NET CURRENT ASSETS 59,369 53,914
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,349

78,104

CREDITORS
Amounts falling due after more than one
year

7

50,106

50,000
NET ASSETS 32,243 28,104

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 32,143 28,004
SHAREHOLDERS' FUNDS 32,243 28,104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Gannaa Limited (Registered number: 10995646)

Statement of Financial Position - continued
30 November 2021


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 director and authorised for issue on 26 August 2022 and were signed by:





Mr Umeshkumar Parekh - Director


Gannaa Limited (Registered number: 10995646)

Notes to the Financial Statements
for the Year Ended 30 November 2021

1. STATUTORY INFORMATION

Gannaa 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. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 5% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2020 - 13 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 December 2020
and 30 November 2021 28,470
DEPRECIATION
At 1 December 2020 4,280
Charge for year 1,210
At 30 November 2021 5,490
NET BOOK VALUE
At 30 November 2021 22,980
At 30 November 2020 24,190

Gannaa Limited (Registered number: 10995646)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Trade debtors 5,500 -
Other debtors 60,281 60,000
65,781 60,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Trade creditors 5,317 9,774
Taxation and social security 17,015 11,575
Other creditors 7,584 8,694
29,916 30,043

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.21 30.11.20
£    £   
Bank loans 50,106 50,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.21 30.11.20
value: £    £   
100 Ordinary £1 100 100