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Company Registration No. 05460823 (England and Wales)
G. AND S. ACCOUNTANTS LIMITED Unaudited accounts for the year ended 31 May 2023
G. AND S. ACCOUNTANTS LIMITED Unaudited accounts Contents
Page
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G. AND S. ACCOUNTANTS LIMITED Company Information for the year ended 31 May 2023
Director
Mr. Yasir Gul
Company Number
05460823 (England and Wales)
Registered Office
First Floor, Victoria House Victoria Street High Wycombe Bucks HP11 2LU United Kingdom
Accountants
G&S ACCOUNTANTS LIMITED First Floor, Victoria House Victoria Street High Wycombe, Bucks England, United Kingdom HP11 2LU
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G. AND S. ACCOUNTANTS LIMITED Accountants' report
Accountants' report to the director of G. AND S. ACCOUNTANTS LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of G. AND S. ACCOUNTANTS LIMITED for the year ended 31 May 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of G. AND S. ACCOUNTANTS LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of G. AND S. ACCOUNTANTS LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than G. AND S. ACCOUNTANTS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that G. AND S. ACCOUNTANTS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of G. AND S. ACCOUNTANTS LIMITED. You consider that G. AND S. ACCOUNTANTS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of G. AND S. ACCOUNTANTS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
G&S ACCOUNTANTS LIMITED First Floor, Victoria House Victoria Street High Wycombe, Bucks England, United Kingdom HP11 2LU 13 October 2023
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G. AND S. ACCOUNTANTS LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
956 
1,196 
Current assets
Debtors
63,210 
63,210 
Cash at bank and in hand
6,539 
19,349 
69,749 
82,559 
Creditors: amounts falling due within one year
(5,562)
(6,667)
Net current assets
64,187 
75,892 
Total assets less current liabilities
65,143 
77,088 
Creditors: amounts falling due after more than one year
(21,145)
(26,562)
Net assets
43,998 
50,526 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
43,898 
50,426 
Shareholders' funds
43,998 
50,526 
For the year ending 31 May 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 13 October 2023 and were signed on its behalf by
Mr. Yasir Gul Director Company Registration No. 05460823
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G. AND S. ACCOUNTANTS LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
G. AND S. ACCOUNTANTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05460823. The registered office is First Floor, Victoria House, Victoria Street, High Wycombe, Bucks, HP11 2LU, 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.
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:
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2022
1,063 
157 
6,150 
7,370 
At 31 May 2023
1,063 
157 
6,150 
7,370 
Depreciation
At 1 June 2022
628 
130 
5,416 
6,174 
Charge for the year
87 
6 
147 
240 
At 31 May 2023
715 
136 
5,563 
6,414 
Net book value
At 31 May 2023
348 
21 
587 
956 
At 31 May 2022
435 
27 
734 
1,196 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
63,210 
63,210 
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G. AND S. ACCOUNTANTS LIMITED Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
5,562 
6,667 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,145 
26,562 
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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