Company Registration No. 11477166 (England and Wales)
GM Clubs Limited
Unaudited accounts
for the year ended 30 June 2023
GM Clubs Limited
Unaudited accounts
Contents
GM Clubs Limited
Company Information
for the year ended 30 June 2023
Director
Mr Lee Montgomery
Company Number
11477166 (England and Wales)
Registered Office
665-667 Wilmslow Road
Manchester
M20 6RA
UK
Accountants
Wirral Accounting Solutions Ltd
187 Mill Park Drive
Eastham
Wirral
Merseyside
CH62 9AY
GM Clubs Limited
Statement of financial position
as at 30 June 2023
Tangible assets
27,049
34,403
Cash at bank and in hand
82,460
85,978
Creditors: amounts falling due within one year
(33,869)
(39,630)
Net current assets
92,531
72,936
Total assets less current liabilities
119,580
107,339
Creditors: amounts falling due after more than one year
(39,530)
(41,991)
Called up share capital
1
1
Profit and loss account
80,049
65,347
Shareholders' funds
80,050
65,348
For the year ending 30 June 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 23 October 2023 and were signed on its behalf by
Mr Lee Montgomery
Director
Company Registration No. 11477166
GM Clubs Limited
Notes to the Accounts
for the year ended 30 June 2023
GM Clubs Limited is a private company, limited by shares, registered in England and Wales, registration number 11477166. The registered office is 665-667 Wilmslow Road, Manchester, M20 6RA, UK.
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:
Fixtures & fittings
15% straight line
Computer equipment
20% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
54,350
5,886
60,236
At 30 June 2023
56,183
6,407
62,590
At 1 July 2022
23,998
1,835
25,833
Charge for the year
8,427
1,281
9,708
At 30 June 2023
32,425
3,116
35,541
At 30 June 2023
23,758
3,291
27,049
At 30 June 2022
30,352
4,051
34,403
GM Clubs Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
10,200
14,298
Other debtors
23,000
2,800
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,000
5,000
Trade creditors
6,121
13,215
Taxes and social security
11,194
9,929
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 9 (2022: 9).