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Company Registration No. 11386976 (England and Wales)
GEM FIRE SOLUTIONS LIMITED Unaudited accounts for the year ended 31 May 2023
GEM FIRE SOLUTIONS LIMITED Unaudited accounts Contents
Page
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GEM FIRE SOLUTIONS LIMITED Company Information for the year ended 31 May 2023
Director
Jamie Dyer
Company Number
11386976 (England and Wales)
Registered Office
Canada House - DSB Accounting Ltd St Leonards Road Maidstone Kent ME16 0LS United Kingdom
Accountants
DSB Accounting Ltd Canada House St Leonards Rd 20/20 Business Park Maidstone Kent ME16 0LS
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of GEM FIRE SOLUTIONS LIMITED 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 GEM FIRE SOLUTIONS LIMITED for the year ended 31 May 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
DSB Accounting Ltd Member in Practice Canada House St Leonards Rd 20/20 Business Park Maidstone Kent ME16 0LS 20 September 2023
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GEM FIRE SOLUTIONS LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
- 
2 
Fixed assets
Tangible assets
18,837 
- 
Current assets
Debtors
336,603 
- 
Cash at bank and in hand
424,004 
- 
760,607 
- 
Creditors: amounts falling due within one year
(404,013)
- 
Net current assets
356,594 
- 
Total assets less current liabilities
375,431 
2 
Creditors: amounts falling due after more than one year
(150,000)
- 
Net assets
225,431 
2 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
225,429 
- 
Shareholders' funds
225,431 
2 
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 20 September 2023 and were signed on its behalf by
Jamie Dyer Director Company Registration No. 11386976
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GEM FIRE SOLUTIONS LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
GEM FIRE SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11386976. The registered office is Canada House - DSB Accounting Ltd, St Leonards Road, Maidstone, Kent, ME16 0LS, 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
4 Year Straight line
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2022
- 
Additions
22,604 
At 31 May 2023
22,604 
Depreciation
Charge for the year
3,767 
At 31 May 2023
3,767 
Net book value
At 31 May 2023
18,837 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
336,603 
- 
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GEM FIRE SOLUTIONS LIMITED Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
127,692 
- 
Taxes and social security
106,360 
- 
Accruals
169,961 
- 
404,013 
- 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
150,000 
- 
8
Average number of employees
During the year the average number of employees was 3 (2022: 0).
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