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REGISTERED NUMBER: 08223491 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

The Gravitas Method Limited

The Gravitas Method Limited (Registered number: 08223491)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

The Gravitas Method Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: C M Goyder
T Smith
W A Goyder





SECRETARY: C M Goyder





REGISTERED OFFICE: 101 Clapham High Street
PO Box Office 70
London
SW4 7TB





REGISTERED NUMBER: 08223491 (England and Wales)





ACCOUNTANTS: Goddard Accounting and Tax Solutions
Duncargen
St Margaret’s Drive
Dunblane
Stirlingshire
FK15 0DP

The Gravitas Method Limited (Registered number: 08223491)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 225 225
Tangible assets 5 15,559 16,374
15,784 16,599

CURRENT ASSETS
Debtors 6 82,814 44,121
Cash at bank 225,852 131,294
308,666 175,415
CREDITORS
Amounts falling due within one year 7 181,205 47,692
NET CURRENT ASSETS 127,461 127,723
TOTAL ASSETS LESS CURRENT
LIABILITIES

143,245

144,322

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 143,145 144,222
SHAREHOLDERS' FUNDS 143,245 144,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2023 and were signed on its behalf by:




C M Goyder - Director


The Gravitas Method Limited (Registered number: 08223491)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

The Gravitas Method Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for the sale of training and coaching packages, together with other services supplied to customers in the course of business.

Turnover is recognised over the duration of the training and coaching sessions.

Cash amounts received from customers for whom revenue has not yet been recognised are recorded in the Balance Sheet as deferred income within current liabilities.

Intangible assets
Patents are valued at cost.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33.3% straight line

Equipment, fixtures and fittings - 25% straight line

Taxation
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pensions
Pension cost represents employer contributions made to the personal pension plan of director C Smith.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2022
and 28 February 2023 225
NET BOOK VALUE
At 28 February 2023 225
At 28 February 2022 225

The Gravitas Method Limited (Registered number: 08223491)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2022 14,806 10,547 25,353
Additions - 1,006 1,006
At 28 February 2023 14,806 11,553 26,359
DEPRECIATION
At 1 March 2022 - 8,979 8,979
Charge for year - 1,821 1,821
At 28 February 2023 - 10,800 10,800
NET BOOK VALUE
At 28 February 2023 14,806 753 15,559
At 28 February 2022 14,806 1,568 16,374

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 68,392 39,121
Prepayments and accrued income 14,422 5,000
82,814 44,121

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Tax 43,409 17,433
Social security and other taxes (1,381 ) (727 )
VAT 23,591 7,215
Accruals and deferred income 89,898 542
Directors' current accounts 25,688 23,229
181,205 47,692

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
The Gravitas Method Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Gravitas Method Limited for the year ended 28 February 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of The Gravitas Method Limited, as a body, in accordance with the terms of our engagement letter dated 21 November 2017. Our work has been undertaken solely to prepare for your approval the financial statements of The Gravitas Method Limited and state those matters that we have agreed to state to the Board of Directors of The Gravitas Method Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Gravitas Method Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Gravitas Method Limited. You consider that The Gravitas Method Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Gravitas Method Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Goddard Accounting and Tax Solutions
Duncargen
St Margaret’s Drive
Dunblane
Stirlingshire
FK15 0DP


15 November 2023