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Company Registration No. 12414005 (England and Wales)
G&G 2020 LTD Unaudited accounts for the year ended 31 January 2023
G&G 2020 LTD Unaudited accounts Contents
Page
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G&G 2020 LTD Company Information for the year ended 31 January 2023
Director
Georgi Yordanov Georgiev
Company Number
12414005 (England and Wales)
Registered Office
5 CRESCENT AVENUE OVER HULTON BOLTON BL5 1EN ENGLAND
Accountants
DoKument Ltd Corbet Arms High Street Market Drayton Shropshire TF9 1PY
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G&G 2020 LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
17,449 
2,887 
Creditors: amounts falling due within one year
(3,032)
8,879 
Net current assets
14,417 
11,766 
Total assets less current liabilities
14,417 
11,766 
Creditors: amounts falling due after more than one year
(7,340)
(10,261)
Net assets
7,077 
1,505 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,977 
1,405 
Shareholders' funds
7,077 
1,505 
For the year ending 31 January 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 24 August 2023 and were signed on its behalf by
Georgi Yordanov Georgiev Director Company Registration No. 12414005
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G&G 2020 LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
G&G 2020 LTD is a private company, limited by shares, registered in England and Wales, registration number 12414005. The registered office is 5 CRESCENT AVENUE, OVER HULTON, BOLTON, BL5 1EN, ENGLAND.
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
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.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,000 
3,000 
VAT
1,616 
- 
Taxes and social security
2,479 
321 
Loans from directors
(4,063)
(12,800)
Accruals
- 
600 
3,032 
(8,879)
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
7,340 
10,261 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Loans to directors
As at 31 January 2023 the director of the company owed £4,063 to the company (31 January 2022; £12,800) in respect of an interest free loan, which is repayable on demand.
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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