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
G. AND S. ACCOUNTANTS LIMITED
Company Information
for the year ended 31 May 2023
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
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
G. AND S. ACCOUNTANTS LIMITED
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
6,539
19,349
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)
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
G. AND S. ACCOUNTANTS LIMITED
Notes to the Accounts
for the year ended 31 May 2023
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.
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.
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:
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
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
At 31 May 2023
348
21
587
956
At 31 May 2022
435
27
734
1,196
Amounts falling due within one year
Other debtors
63,210
63,210
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
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).