IRIS Accounts Production v22.1.4.3 07934197 director 1.3.21 28.2.22 28.2.22 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure079341972021-02-28079341972022-02-28079341972021-03-012022-02-28079341972020-02-29079341972020-03-012021-02-28079341972021-02-2807934197ns16:EnglandWales2021-03-012022-02-2807934197ns15:PoundSterling2021-03-012022-02-2807934197ns11:Director12021-03-012022-02-2807934197ns11:PrivateLimitedCompanyLtd2021-03-012022-02-2807934197ns11:SmallEntities2021-03-012022-02-2807934197ns11:AuditExempt-NoAccountantsReport2021-03-012022-02-2807934197ns11:SmallCompaniesRegimeForDirectorsReport2021-03-012022-02-2807934197ns11:SmallCompaniesRegimeForAccounts2021-03-012022-02-2807934197ns11:FullAccounts2021-03-012022-02-2807934197ns11:RegisteredOffice2021-03-012022-02-2807934197ns6:CurrentFinancialInstruments2022-02-2807934197ns6:CurrentFinancialInstruments2021-02-2807934197ns6:ShareCapital2022-02-2807934197ns6:ShareCapital2021-02-2807934197ns6:RetainedEarningsAccumulatedLosses2022-02-2807934197ns6:RetainedEarningsAccumulatedLosses2021-02-2807934197ns6:PlantMachinery2021-03-012022-02-2807934197ns6:ComputerEquipment2021-03-012022-02-2807934197ns6:PlantMachinery2021-02-2807934197ns6:ComputerEquipment2021-02-2807934197ns6:PlantMachinery2022-02-2807934197ns6:ComputerEquipment2022-02-2807934197ns6:PlantMachinery2021-02-2807934197ns6:ComputerEquipment2021-02-2807934197ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-2807934197ns6:WithinOneYearns6:CurrentFinancialInstruments2021-02-28
REGISTERED NUMBER: 07934197 (England and Wales)


















GUYJANE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2022






GUYJANE LIMITED (REGISTERED NUMBER: 07934197)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GUYJANE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2022







DIRECTOR: D Babidge





REGISTERED OFFICE: Sovereign House
15 Towcester Road
Old Stratford
Milton Keynes
MK19 6AN





REGISTERED NUMBER: 07934197 (England and Wales)





ACCOUNTANTS: Thompson Balch Limited
Chartered Accountants
Sovereign House
15 Towcester Road
Old Stratford
Milton Keynes
MK19 6AN

GUYJANE LIMITED (REGISTERED NUMBER: 07934197)

BALANCE SHEET
28 FEBRUARY 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Stocks 100 6,274
Debtors 5 9,290 11,931
Cash at bank 3,151 3,479
12,541 21,684
CREDITORS
Amounts falling due within one year 6 4,612 2,625
NET CURRENT ASSETS 7,929 19,059
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,929

19,059

CAPITAL AND RESERVES
Called up, fully paid share capital 2 2
Retained earnings 7,927 19,057
SHAREHOLDERS' FUNDS 7,929 19,059

GUYJANE LIMITED (REGISTERED NUMBER: 07934197)

BALANCE SHEET - continued
28 FEBRUARY 2022


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 September 2022 and were signed by:





D Babidge - Director


GUYJANE LIMITED (REGISTERED NUMBER: 07934197)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022


1. STATUTORY INFORMATION

Guyjane 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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
Turnover 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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

GUYJANE LIMITED (REGISTERED NUMBER: 07934197)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2022


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - 1 ).

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 March 2021 891 166 1,057
Disposals (891 ) (166 ) (1,057 )
At 28 February 2022 - - -
DEPRECIATION
At 1 March 2021 891 166 1,057
Eliminated on disposal (891 ) (166 ) (1,057 )
At 28 February 2022 - - -
NET BOOK VALUE
At 28 February 2022 - - -
At 28 February 2021 - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 4,874 8,775
Other debtors 4,416 3,156
9,290 11,931

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 2,271 1,038
Other creditors 2,341 1,587
4,612 2,625