LONDON GUN COMPANY LIMITED

Company Registration Number:
07726864 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

LONDON GUN COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

LONDON GUN COMPANY LIMITED

Balance sheet

As at 31 January 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 203,328 214,260
Investments: 4 400 400
Total fixed assets: 203,728 214,660
Current assets
Stocks: 303,030 304,624
Debtors:   281,483 249,521
Cash at bank and in hand: 89,828 5,786
Total current assets: 674,341 559,931
Creditors: amounts falling due within one year:   (373,636) (245,871)
Net current assets (liabilities): 300,705 314,060
Total assets less current liabilities: 504,433 528,720
Creditors: amounts falling due after more than one year:   (325,706) (385,591)
Provision for liabilities:   (21,514)
Total net assets (liabilities): 178,727 121,615
Capital and reserves
Called up share capital: 4,000 4,000
Share premium account: 99,300 99,300
Profit and loss account: 75,427 18,315
Shareholders funds: 178,727 121,615

The notes form part of these financial statements

LONDON GUN COMPANY LIMITED

Balance sheet statements

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 October 2023
and signed on behalf of the board by:

Name: Mr TC Ward
Status: Director

The notes form part of these financial statements

LONDON GUN COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

1. Accounting policies

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

LONDON GUN COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

2. Employees

2023 2022
Average number of employees during the period 7 5

LONDON GUN COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible Assets

Total
Cost £
At 01 February 2022 390,267
Additions 43,083
At 31 January 2023 433,350
Depreciation
At 01 February 2022 176,007
Charge for year 54,015
At 31 January 2023 230,022
Net book value
At 31 January 2023 203,328
At 31 January 2022 214,260

LONDON GUN COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Fixed investments

400