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Company Registration No. 13404770 (England and Wales)
Galladen Ltd Unaudited accounts for the year ended 31 May 2023
Galladen Ltd Unaudited accounts Contents
Page
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Galladen Ltd Company Information for the year ended 31 May 2023
Directors
Amy Laura Cudden Augustine Richard Gallagher
Company Number
13404770 (England and Wales)
Registered Office
2 LEETE DRIVE COLCHESTER ESSEX CO1 1FW UNITED KINGDOM
Accountants
Sleek Accounting Ltd 107 Kirkgate Leeds West Yorkshire LS1 6DP
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Galladen Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,044 
1,392 
Current assets
Debtors
2,006 
1,404 
Cash at bank and in hand
332 
22,349 
2,338 
23,753 
Creditors: amounts falling due within one year
(2,040)
(12,884)
Net current assets
298 
10,869 
Net assets
1,342 
12,261 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
1,340 
12,259 
Shareholders' funds
1,342 
12,261 
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 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 31 October 2023 and were signed on its behalf by
Amy Laura Cudden Director Company Registration No. 13404770
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Galladen Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Galladen Ltd is a private company, limited by shares, registered in England and Wales, registration number 13404770. The registered office is 2 LEETE DRIVE, COLCHESTER, ESSEX, CO1 1FW, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% Straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
1,554 
At 31 May 2023
1,554 
Depreciation
At 1 June 2022
162 
Charge for the year
348 
At 31 May 2023
510 
Net book value
At 31 May 2023
1,044 
At 31 May 2022
1,392 
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Galladen Ltd Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,404 
Other debtors
2,006 
- 
2,006 
1,404 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
11,609 
Loans from directors
1,140 
375 
Accruals
900 
900 
2,040 
12,884 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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