Company Registration No. 13416325 (England and Wales)
Guild Host Limited
Unaudited accounts
for the period from 24 May 2021 to 31 May 2022
Guild Host Limited
Unaudited accounts
Contents
Guild Host Limited
Company Information
for the period from 24 May 2021 to 31 May 2022
Company Number
13416325 (England and Wales)
Registered Office
9th Floor
107 Cheapside
London
EC2V 6DN
United Kingdom
Accountants
The Accountancy Cloud
12-18 Hoxton Street
London
N1 6NG
UK
Guild Host Limited
Statement of financial position
as at 31 May 2022
Cash at bank and in hand
582
Creditors: amounts falling due within one year
(46,585)
Net current liabilities
(44,765)
Total assets less current liabilities
(32,731)
Provisions for liabilities
Profit and loss account
(207,518)
Shareholders' funds
(35,017)
For the period ending 31 May 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.
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 27 September 2023 and were signed on its behalf by
Mr Tasveer Singh
Director
Company Registration No. 13416325
Guild Host Limited
Notes to the Accounts
for the period from 24 May 2021 to 31 May 2022
Guild Host Limited is a private company, limited by shares, registered in England and Wales, registration number 13416325. The registered office is 9th Floor, 107 Cheapside, London, EC2V 6DN, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Straight Line - 20.00%
Computer equipment
Straight Line - 33.33%
The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Guild Host Limited
Notes to the Accounts
for the period from 24 May 2021 to 31 May 2022
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
755
12,245
13,000
At 31 May 2022
755
12,245
13,000
Charge for the period
27
939
966
At 31 May 2022
728
11,306
12,034
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
Taxes and social security
22,753
7
Transactions with related parties
As at the date of the Balance Sheet the Director owed the Company £1
8
Average number of employees
During the period the average number of employees was 2.
9
Reconciliations on adoption of FRS 102