1 false false false false false false false false false true false false false false false false No description of principal activity 2022-03-01 Sage Accounts Production Advanced 2021 - FRS102_2021 252,497 252,497 252,497 xbrli:pure xbrli:shares iso4217:GBP 10023331 2022-03-01 2023-02-28 10023331 2023-02-28 10023331 2022-02-28 10023331 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 10023331 bus:Director1 2022-03-01 2023-02-28 10023331 core:WithinOneYear 2023-02-28 10023331 core:WithinOneYear 2022-02-28 10023331 core:ShareCapital 2023-02-28 10023331 core:ShareCapital 2022-02-28 10023331 core:RetainedEarningsAccumulatedLosses 2023-02-28 10023331 core:RetainedEarningsAccumulatedLosses 2022-02-28 10023331 core:LandBuildings core:OwnedOrFreeholdAssets 2023-02-28 10023331 core:LandBuildings core:OwnedOrFreeholdAssets 2022-02-28 10023331 bus:SmallEntities 2022-03-01 2023-02-28 10023331 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 10023331 bus:FullAccounts 2022-03-01 2023-02-28 10023331 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 10023331 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 10023331 bus:OrdinaryShareClass1 2023-02-28 10023331 bus:OrdinaryShareClass1 2022-02-28
COMPANY REGISTRATION NUMBER: 10023331
GARVEY ENTERPRISES LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
28 February 2023
GARVEY ENTERPRISES LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 28 FEBRUARY 2023
Contents
Page
Balance sheet 1
Notes to the financial statements 2
GARVEY ENTERPRISES LIMITED
BALANCE SHEET
28 February 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
5
252,497
252,497
Creditors: amounts falling due within one year
6
( 231,452)
( 230,301)
------------
------------
Net current liabilities
( 231,452)
( 230,301)
------------
------------
Total assets less current liabilities
21,045
22,196
------------
------------
Net assets
21,045
22,196
------------
------------
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
20,945
22,096
------------
------------
Shareholders funds
21,045
22,196
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 16 November 2023 , and are signed on behalf of the board by:
T J Garvey
Director
Company registration number: 10023331
GARVEY ENTERPRISES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 28 FEBRUARY 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 35 Westgate, Huddersfield, HD1 1PA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Investment property
Investment property is stated at market value as estimated by the director.
Turnover
Turnover represents the value of goods sold and services provided net of value added tax.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Turnover
The company's turnover was derived entirely within the United Kingdom.
5. Tangible assets
Investment property
£
Cost
At 1 March 2022 and 28 February 2023
252,497
------------
Depreciation
At 1 March 2022 and 28 February 2023
------------
Carrying amount
At 28 February 2023
252,497
------------
At 28 February 2022
252,497
------------
The director considers that the carrying value of the investment property is in line with current market value.
6. Creditors: amounts falling due within one year
2023
2022
£
£
Accruals and deferred income
1,626
1,626
Director loan accounts
229,826
228,675
------------
------------
231,452
230,301
------------
------------
7. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
------------
------------
------------
------------
8. Related party disclosures
The director's loan set out at note 7 above is unsecured, repayable by agreement and bore interest of £4,000 (2022: 4,000). The company is controlled by the director.