Company Registration No. 07190232 (England and Wales)
Gado Gado Ltd
Unaudited accounts
for the year ended 31 March 2023
Gado Gado Ltd
Unaudited accounts
Contents
Gado Gado Ltd
Company Information
for the year ended 31 March 2023
Directors
Mr Timothy Woodburn
Mrs Iin Woodburn
Company Number
07190232 (England and Wales)
Registered Office
Mitjorn
Arnside
Cumbria
LA5 0AX
Accountants
Blend Accountants
First Floor Brunel House
9 Penrod Way
Heysham
Lancashire
LA3 2UZ
Gado Gado Ltd
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
(5,149)
(5,000)
Creditors: amounts falling due within one year
(182,824)
(164,910)
Net current liabilities
(185,865)
(169,910)
Total assets less current liabilities
(185,865)
(156,345)
Provisions for liabilities
Net liabilities
(185,865)
(157,456)
Called up share capital
100
100
Profit and loss account
(185,965)
(157,556)
Shareholders' funds
(185,865)
(157,456)
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 18 May 2023 and were signed on its behalf by
Mr Timothy Woodburn
Director
Company Registration No. 07190232
Gado Gado Ltd
Notes to the Accounts
for the year ended 31 March 2023
Gado Gado Ltd is a private company, limited by shares, registered in England and Wales, registration number 07190232. The registered office is Mitjorn, Arnside, Cumbria, LA5 0AX.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
40% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
2,600
44,121
11,896
58,617
Disposals
(2,600)
(44,122)
(11,895)
(58,617)
At 1 April 2022
2,498
31,438
11,116
45,052
On disposals
(2,498)
(31,438)
(11,116)
(45,052)
At 31 March 2022
102
12,683
780
13,565
Amounts falling due within one year
Gado Gado Ltd
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
27,200
26,520
Loans from directors
154,809
137,790
Allotted, called up and fully paid:
50 Ordinary A of £1 each
50
50
50 Ordinary B of £1 each
50
50
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).