GGM ELECTRICAL LTD

Company Registration Number:
11770999 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

GGM ELECTRICAL LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GGM ELECTRICAL LTD

Company Information

for the Period Ended 31 January 2023




Director: GEORGE GHEORGHIEVICI
Registered office: 69 Dale Avenue
Dale Avenue
Edgware
GBR
HA8 6AB
Company Registration Number: 11770999 (England and Wales)

GGM ELECTRICAL LTD

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
GEORGE GHEORGHIEVICI

This report was approved by the board of directors on 23 October 2023
And Signed On Behalf Of The Board By:

Name: GEORGE GHEORGHIEVICI
Status: Director

GGM ELECTRICAL LTD

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 245,600 56,995
Cost of sales ( 233,523 ) ( 65,786 )
Gross Profit or (Loss) 12,077 ( 271 )
Income from coronavirus (COVID-19) business support grants - 8,520
Administrative Expenses ( 9,045 ) -
Operating Profit or (Loss) 3,032 ( 271 )
Interest Payable and Similar Charges ( 184 ) -
Profit or (Loss) Before Tax 2,848 ( 271 )
Tax on Profit ( 541 ) -
Profit or (Loss) for Period 2,307 ( 271 )

The notes form part of these financial statements

GGM ELECTRICAL LTD

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 3,671 1
Cash at bank and in hand: 1
Total current assets: 3,671 2
Prepayments and accrued income: 971
Creditors: amounts falling due within one year: 5 ( 541 ) ( 847 )
Net current assets (liabilities): 3,130 126
Total assets less current liabilities: 3,130 126
Creditors: amounts falling due after more than one year: 6 ( 50,000 ) ( 50,000 )
Total net assets (liabilities): ( 46,870 ) ( 49,874 )

The notes form part of these financial statements

GGM ELECTRICAL LTD

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 46,871 ) ( 49,875 )
Shareholders funds: ( 46,870 ) ( 49,874 )

For the year ending 31 January 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.

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

This report was approved by the board of directors on 23 October 2023
And Signed On Behalf Of The Board By:

Name: GEORGE GHEORGHIEVICI
Status: Director

The notes form part of these financial statements

GGM ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

GGM ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

GGM ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

GGM ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Debtors


2023
£

2022
£
Other debtors 3,671 1
Total 3,671 1

GGM ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 541
Other creditors 847
Total 541 847

GGM ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 50,000 50,000
Total 50,000 50,000