Company Registration No. 13743982 (England and Wales)
GALLOWGATE VENTILATION SERVICES LTD
Unaudited accounts
for the period from 15 November 2021 to 30 November 2022
GALLOWGATE VENTILATION SERVICES LTD
Unaudited accounts
Contents
GALLOWGATE VENTILATION SERVICES LTD
Company Information
for the period from 15 November 2021 to 30 November 2022
Company Number
13743982 (England and Wales)
Registered Office
2 ROBINSON SQUARE
NEWBIGGIN-BY-THE-SEA
NE64 6EA
UNITED KINGDOM
Accountants
Scott Accountancy Services
119 Lanchester Avenue
Gateshead
Tyne & Wear
NE9 7AN
GALLOWGATE VENTILATION SERVICES LTD
Statement of financial position
as at 30 November 2022
Cash at bank and in hand
2,355
Creditors: amounts falling due within one year
(15,379)
Net current liabilities
(810)
Profit and loss account
10,639
Shareholders' funds
10,640
For the period ending 30 November 2022 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 7 November 2023 and were signed on its behalf by
John Connelly
Director
Company Registration No. 13743982
GALLOWGATE VENTILATION SERVICES LTD
Notes to the Accounts
for the period from 15 November 2021 to 30 November 2022
GALLOWGATE VENTILATION SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 13743982. The registered office is 2 ROBINSON SQUARE, NEWBIGGIN-BY-THE-SEA, NE64 6EA, UNITED KINGDOM.
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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 period, 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:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.33% Straight Line
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 15 November 2021
-
-
-
-
-
Additions
3,500
9,400
500
1,500
14,900
At 30 November 2022
3,500
9,400
500
1,500
14,900
Charge for the period
525
2,350
75
500
3,450
At 30 November 2022
525
2,350
75
500
3,450
At 30 November 2022
2,975
7,050
425
1,000
11,450
Amounts falling due after more than one year
Accrued income and prepayments
12,214
GALLOWGATE VENTILATION SERVICES LTD
Notes to the Accounts
for the period from 15 November 2021 to 30 November 2022
6
Creditors: amounts falling due within one year
2022
Bank loans and overdrafts
7,050
Taxes and social security
6,483
Loans from directors
1,051
7
Average number of employees
During the period the average number of employees was 1.