1 September 2022 false No description of principal activity Taxfiler 2023.10 12151083business:PrivateLimitedCompanyLtd2022-09-012023-08-31 121510832022-08-31 121510832022-09-012023-08-31 12151083business:AuditExempt-NoAccountantsReport2022-09-012023-08-31 12151083business:AbridgedAccounts2022-09-012023-08-31 121510832023-08-31 12151083business:Director12022-09-012023-08-31 12151083business:Director22022-09-012023-08-31 12151083business:RegisteredOffice2022-09-012023-08-31 121510832022-08-31 12151083core:WithinOneYear2023-08-31 12151083core:WithinOneYear2022-08-31 12151083core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 12151083core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 12151083core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 12151083core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 12151083core:PreviouslyStatedAmount2023-08-31 12151083core:PreviouslyStatedAmount2022-08-31 12151083business:SmallEntities2022-09-012023-08-31 12151083countries:EnglandWales2022-09-012023-08-31 12151083core:LandBuildings2022-09-012023-08-31 12151083core:MotorVehicles2022-09-012023-08-31 12151083core:FurnitureFittings2022-09-012023-08-31 12151083core:ComputerEquipment2022-09-012023-08-31 121510832021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 12151083 (England and Wales)
GUILSFIELD LOCAL LTD Unaudited accounts for the year ended 31 August 2023
GUILSFIELD LOCAL LTD Unaudited accounts Contents
Page
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GUILSFIELD LOCAL LTD Company Information for the year ended 31 August 2023
Directors
M C Bourne T D A Bourne
Company Number
12151083 (England and Wales)
Registered Office
ARDDLEEN ROAD GUILSFIELD WELSHPOOL SY21 9PP WALES
Accountants
ACCOUNTING & BOOKKEEPING CONSULTANCY LTD Truwood House Bromfield Ind. Est. Mold Flintshire CH7 1XB
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GUILSFIELD LOCAL LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
2 
2 
Tangible assets
130,798 
144,234 
130,800 
144,236 
Current assets
Inventories
32,000 
30,000 
Debtors
5,069 
6,241 
Cash at bank and in hand
56,613 
72,095 
93,682 
108,336 
Creditors: amounts falling due within one year
(246,625)
(260,879)
Net current liabilities
(152,943)
(152,543)
Total assets less current liabilities
(22,143)
(8,307)
Provisions for liabilities
Deferred tax
- 
(8,638)
Net liabilities
(22,143)
(16,945)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(22,145)
(16,947)
Shareholders' funds
(22,143)
(16,945)
For the year ending 31 August 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 2 November 2023 and were signed on its behalf by
T D A Bourne Director Company Registration No. 12151083
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GUILSFIELD LOCAL LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
GUILSFIELD LOCAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12151083. The registered office is ARDDLEEN ROAD, GUILSFIELD, WELSHPOOL, SY21 9PP, WALES.
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.
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:
Land & buildings
0%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 September 2022
2 
At 31 August 2023
2 
Amortisation
At 1 September 2022
- 
At 31 August 2023
- 
Net book value
At 31 August 2023
2 
At 31 August 2022
2 
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GUILSFIELD LOCAL LTD Notes to the Accounts for the year ended 31 August 2023
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 September 2022
191,012 
Revaluations
(6,502)
At 31 August 2023
184,510 
Depreciation
At 1 September 2022
46,778 
Charge for the year
6,934 
At 31 August 2023
53,712 
Net book value
At 31 August 2023
130,798 
At 31 August 2022
144,234 
6
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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