GEMRICH LIMITED

Company Registration Number:
04525715 (England and Wales)

Unaudited statutory accounts for the year ended 01 March 2023

Period of accounts

Start date: 02 March 2022

End date: 01 March 2023

GEMRICH LIMITED

Contents of the Financial Statements

for the Period Ended 01 March 2023

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

GEMRICH LIMITED

Company Information

for the Period Ended 01 March 2023




Director: Warren Egginton
Registered office: 27
Fir Tree Drive
Sedgley
Dudley
West Midlands
DY3 1DP
Company Registration Number: 04525715 (England and Wales)

GEMRICH LIMITED

Directors' Report Period Ended 01 March 2023

The directors present their report with the financial statements of the company for the period ended 01 March 2023

Principal Activities

The principal activities of the company during the period was Design Consultancy.

Political and charitable donations

The company did not donate to any political party or charitable organizations during the period.

Company policy on the employment of disabled persons

The company does not discriminate against disabled persons and actively encourages applications accordingly.

Directors

The directors shown below have held office during the whole of the period from 02 March 2022 to 01 March 2023
Warren Egginton

This report was approved by the board of directors on 18 September 2023
And Signed On Behalf Of The Board By:

Name: Warren Egginton
Status: Director

GEMRICH LIMITED

Profit and Loss Account

for the Period Ended 01 March 2023


Notes

2023
£

2022
£
Turnover 2,450 4,490
Cost of sales ( 293 ) ( 1,297 )
Gross Profit or (Loss) 2,157 3,193
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 45 ) ( 1,679 )
Administrative Expenses ( 832 ) ( 208 )
Other operating income 0 0
Operating Profit or (Loss) 1,280 1,306
Interest Receivable and Similar Income 9 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 1,289 1,306
Tax on Profit ( 104 ) ( 350 )
Profit or (Loss) for Period 1,185 956

The notes form part of these financial statements

GEMRICH LIMITED

Balance sheet

As at 01 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,956 2,385
Total fixed assets: 1,956 2,385
Current assets
Stocks: 0 0
Debtors: 5 1,400 1,000
Cash at bank and in hand: 6,486 6,308
Total current assets: 7,886 7,308
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 819 ) ( 2,126 )
Net current assets (liabilities): 7,067 5,182
Total assets less current liabilities: 9,023 7,567
Provision for liabilities: ( 3,817 ) ( 3,546 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 5,206 4,021

The notes form part of these financial statements

GEMRICH LIMITED

Balance sheet continued

As at 01 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 60 60
Profit and loss account: 5,146 3,961
Shareholders funds: 5,206 4,021

For the year ending 1 March 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 18 September 2023
And Signed On Behalf Of The Board By:

Name: Warren Egginton
Status: Director

The notes form part of these financial statements

GEMRICH LIMITED

Notes to the Financial Statements

for the Period Ended 01 March 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

    Tangible fixed assets depreciation policy

    Depreciation has been utilized in this period at 18%,

GEMRICH LIMITED

Notes to the Financial Statements

for the Period Ended 01 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

GEMRICH LIMITED

Notes to the Financial Statements

for the Period Ended 01 March 2023

  • 3. Off balance sheet disclosure

    No

GEMRICH LIMITED

Notes to the Financial Statements

for the Period Ended 01 March 2023

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 02 March 2022 0 2,385 2,385
Additions - 0 0
Disposals - ( 0 ) ( 0 )
Revaluations - 0 0
Transfers - 0 0
At 01 March 2023 0 2,385 2,385
Depreciation
At 02 March 2022 - 0 0
Charge for year - 429 429
On disposals - ( 0 ) ( 0 )
Other adjustments - 0 0
At 01 March 2023 - 429 429
Net book value
At 01 March 2023 0 1,956 1,956
At 01 March 2022 0 2,385 2,385

GEMRICH LIMITED

Notes to the Financial Statements

for the Period Ended 01 March 2023

5. Debtors


2023
£

2022
£
Trade debtors 1,400 1,000
Prepayments and accrued income 0 0
Other debtors 0 0
Total 1,400 1,000
Debtors due after more than one year: 0 0

Debtors include payments due based on agreed credit terms with clients on invoices raised immediately prior to end of financial period.

GEMRICH LIMITED

Notes to the Financial Statements

for the Period Ended 01 March 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 715 1,776
Taxation and social security 104 350
Total 819 2,126

Creditors include Bank charges, Corporation Tax and payments due to suppliers on agreed credit account basis.