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Company Registration No. 10624054 (England and Wales)
Gainmore Solutions LTD Unaudited accounts for the year ended 28 February 2023
Gainmore Solutions LTD Unaudited accounts Contents
Page
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Gainmore Solutions LTD Company Information for the year ended 28 February 2023
Director
Mr James Martin
Company Number
10624054 (England and Wales)
Registered Office
81 Lockwood Way Hampton Water Peterborough Cambridgeshire PE7 8QP United Kingdom
Accountants
M&L Accountants Limited 48 Broadstone Drive Hampton Water Peterborough Cambridgeshire PE7 8QR
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Gainmore Solutions LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,819 
2,628 
Current assets
Debtors
1,904 
1,019 
Cash at bank and in hand
15,035 
49,938 
16,939 
50,957 
Creditors: amounts falling due within one year
(11,355)
(13,454)
Net current assets
5,584 
37,503 
Total assets less current liabilities
7,403 
40,131 
Creditors: amounts falling due after more than one year
(11,274)
(15,787)
Net (liabilities)/assets
(3,871)
24,344 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(3,971)
24,244 
Shareholders' funds
(3,871)
24,344 
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. 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 15 November 2023 and were signed on its behalf by
Mr James Martin Director Company Registration No. 10624054
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Gainmore Solutions LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Gainmore Solutions LTD is a private company, limited by shares, registered in England and Wales, registration number 10624054. The registered office is 81 Lockwood Way, Hampton Water, Peterborough, Cambridgeshire, PE7 8QP, United Kingdom.
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
These financial statements for the year ended 28 February 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
3,484 
At 28 February 2023
3,484 
Depreciation
At 1 March 2022
856 
Charge for the year
809 
At 28 February 2023
1,665 
Net book value
At 28 February 2023
1,819 
At 28 February 2022
2,628 
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Gainmore Solutions LTD Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,721 
474 
Accrued income and prepayments
183 
545 
1,904 
1,019 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
4,476 
4,476 
VAT
(491)
(1,692)
Trade creditors
481 
1,018 
Taxes and social security
11 
3,000 
Loans from directors
6,878 
6,652 
11,355 
13,454 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,274 
15,787 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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