GEARTRONICS LTD

Company Registration Number:
05729232 (England and Wales)

Unaudited abridged accounts for the year ended 05 April 2023

Period of accounts

Start date: 06 April 2022

End date: 05 April 2023

GEARTRONICS LTD

Contents of the Financial Statements

for the Period Ended 05 April 2023

Balance sheet
Notes

GEARTRONICS LTD

Balance sheet

As at 05 April 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 8,800 8,800
Tangible assets: 4 21,106 23,067
Investments:   0 0
Total fixed assets: 29,906 31,867
Current assets
Stocks: 159,136 129,381
Debtors:   15,669 23,989
Cash at bank and in hand: 867,159 765,331
Investments:   0 0
Total current assets: 1,041,964 918,701
Creditors: amounts falling due within one year:   (98,496) (51,030)
Net current assets (liabilities): 943,468 867,671
Total assets less current liabilities: 973,374 899,538
Creditors: amounts falling due after more than one year:     0
Total net assets (liabilities): 973,374 899,538
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 973,274 899,438
Shareholders funds: 973,374 899,538

The notes form part of these financial statements

GEARTRONICS LTD

Balance sheet statements

For the year ending 5 April 2023 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 October 2023
and signed on behalf of the board by:

Name: MR N WALLACE
Status: Director

The notes form part of these financial statements

GEARTRONICS LTD

Notes to the Financial Statements

for the Period Ended 05 April 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GEARTRONICS LTD

Notes to the Financial Statements

for the Period Ended 05 April 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

GEARTRONICS LTD

Notes to the Financial Statements

for the Period Ended 05 April 2023

3. Intangible Assets

Total
Cost £
At 06 April 2022 8,800
At 05 April 2023 8,800
Net book value
At 05 April 2023 8,800
At 05 April 2022 8,800

GEARTRONICS LTD

Notes to the Financial Statements

for the Period Ended 05 April 2023

4. Tangible Assets

Total
Cost £
At 06 April 2022 70,004
Additions 3,314
At 05 April 2023 73,318
Depreciation
At 06 April 2022 46,937
Charge for year 5,275
At 05 April 2023 52,212
Net book value
At 05 April 2023 21,106
At 05 April 2022 23,067