PTP Accounts Production v23.1.5.20 00891095 Board of Directors 1.11.21 31.10.22 31.10.22 0 0 false true false false true false 1329562 1246623 145622 148939 66000 66000 1409184 1329562 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure008910952021-10-31008910952022-10-31008910952021-11-012022-10-31008910952020-10-31008910952020-11-012021-10-31008910952021-10-3100891095ns16:EnglandWales2021-11-012022-10-3100891095ns15:PoundSterling2021-11-012022-10-3100891095ns11:Director12021-11-012022-10-3100891095ns11:PrivateLimitedCompanyLtd2021-11-012022-10-3100891095ns11:SmallEntities2021-11-012022-10-3100891095ns11:AuditExempt-NoAccountantsReport2021-11-012022-10-3100891095ns11:SmallCompaniesRegimeForDirectorsReport2021-11-012022-10-3100891095ns11:SmallCompaniesRegimeForAccounts2021-11-012022-10-3100891095ns11:FullAccounts2021-11-012022-10-310089109542ns11:Director22021-10-310089109542ns11:Director22020-10-310089109542ns11:Director22021-11-012022-10-310089109542ns11:Director22020-11-012021-10-310089109542ns11:Director22022-10-310089109542ns11:Director22021-10-3100891095ns11:Director22021-11-012022-10-3100891095ns11:RegisteredOffice2021-11-012022-10-3100891095ns6:CurrentFinancialInstruments2022-10-3100891095ns6:CurrentFinancialInstruments2021-10-3100891095ns6:ShareCapital2022-10-3100891095ns6:ShareCapital2021-10-3100891095ns6:RetainedEarningsAccumulatedLosses2022-10-3100891095ns6:RetainedEarningsAccumulatedLosses2021-10-3100891095ns6:PlantMachinery2021-11-012022-10-3100891095ns6:PlantMachinery2022-10-3100891095ns6:WithinOneYearns6:CurrentFinancialInstruments2022-10-3100891095ns6:WithinOneYearns6:CurrentFinancialInstruments2021-10-3100891095ns11:Director112021-10-3100891095ns11:Director112020-10-3100891095ns11:Director112021-11-012022-10-3100891095ns11:Director112020-11-012021-10-3100891095ns11:Director112022-10-3100891095ns11:Director112021-10-31
REGISTERED NUMBER: 00891095 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

FOR

GOWRINGS (ABINGDON) LIMITED

GOWRINGS (ABINGDON) LIMITED (REGISTERED NUMBER: 00891095)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GOWRINGS (ABINGDON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2022







DIRECTORS: Mr G Allison
Mrs S J Allison





REGISTERED OFFICE: Millwrights
Old Mill Lane
Bray
Maidenhead
Berkshire
SL6 2BD





REGISTERED NUMBER: 00891095 (England and Wales)





ACCOUNTANTS: R Firkin Accountancy Services Ltd
98 The Moors
Kidlington
Oxfordshire
OX5 2AG

GOWRINGS (ABINGDON) LIMITED (REGISTERED NUMBER: 00891095)

BALANCE SHEET
31 OCTOBER 2022

31.10.22 31.10.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,505 -

CURRENT ASSETS
Debtors 5 1,626,925 1,661,812
Investments 6 105,563 48,813
Cash at bank 36,389 123,881
1,768,877 1,834,506
CREDITORS
Amounts falling due within one year 7 17,776 12,783
NET CURRENT ASSETS 1,751,101 1,821,723
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,775,606

1,821,723

CAPITAL AND RESERVES
Called up share capital 40,000 40,000
Retained earnings 1,735,606 1,781,723
SHAREHOLDERS' FUNDS 1,775,606 1,821,723

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 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 27 September 2023 and were signed on its behalf by:





Mr G Allison - Director


GOWRINGS (ABINGDON) LIMITED (REGISTERED NUMBER: 00891095)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1. STATUTORY INFORMATION

Gowrings (Abingdon) 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.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 24,505
At 31 October 2022 24,505
NET BOOK VALUE
At 31 October 2022 24,505

GOWRINGS (ABINGDON) LIMITED (REGISTERED NUMBER: 00891095)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Other debtors 1,626,925 1,661,812

6. CURRENT ASSET INVESTMENTS
31.10.22 31.10.21
£    £   
Other 105,563 48,813

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Taxation and social security 17,776 12,183
Other creditors - 600
17,776 12,783

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2022 and 31 October 2021:

31.10.22 31.10.21
£    £   
Mr G Allison and Mrs S J Allison
Balance outstanding at start of year 1,329,562 1,246,623
Amounts advanced 145,622 148,939
Amounts repaid (66,000 ) (66,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,409,184 1,329,562

Interest is charged at 2.0%