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Company Registration No. 11201640 (England and Wales)
GKBCONTRACT LIMITED Unaudited accounts for the year ended 28 February 2023
GKBCONTRACT LIMITED Unaudited accounts Contents
Page
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GKBCONTRACT LIMITED Company Information for the year ended 28 February 2023
Director
Kazeem Babatunde Gbadamosi
Company Number
11201640 (England and Wales)
Registered Office
110 ELMGROVE POINT 77 WALMER TERRACE LONDON SE18 7AN UNITED KINGDOM
Accountants
SAAP & Associates Limited Thames House, 2nd Floor 3 Wellington Street London SE18 6NY
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GKBCONTRACT LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
770 
963 
Current assets
Debtors
2,867 
5,671 
Cash at bank and in hand
8,711 
27 
11,578 
5,698 
Creditors: amounts falling due within one year
9,237 
13,608 
Net current assets
20,815 
19,306 
Total assets less current liabilities
21,585 
20,269 
Creditors: amounts falling due after more than one year
(20,000)
(20,000)
Net assets
1,585 
269 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,584 
268 
Shareholders' funds
1,585 
269 
For the year ending 28 February 2023 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 11 September 2023 and were signed on its behalf by
Kazeem Babatunde Gbadamosi Director Company Registration No. 11201640
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GKBCONTRACT LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
GKBCONTRACT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11201640. The registered office is 110 ELMGROVE POINT, 77 WALMER TERRACE, LONDON, SE18 7AN, UNITED KINGDOM.
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.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
1,205 
1,145 
2,350 
At 28 February 2023
1,205 
1,145 
2,350 
Depreciation
At 1 March 2022
711 
676 
1,387 
Charge for the year
99 
94 
193 
At 28 February 2023
810 
770 
1,580 
Net book value
At 28 February 2023
395 
375 
770 
At 28 February 2022
494 
469 
963 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
2,867 
5,671 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
823 
892 
Loans from directors
(10,360)
(14,800)
Accruals
300 
300 
(9,237)
(13,608)
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GKBCONTRACT LIMITED Notes to the Accounts for the year ended 28 February 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
20,000 
20,000 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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