GEM GLAMOUR LTD

Company Registration Number:
14395126 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 03 October 2022

End date: 31 October 2023

GEM GLAMOUR LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

GEM GLAMOUR LTD

Company Information

for the Period Ended 31 October 2023




Director: Oluwaseyifunmi Omolayo ANTHONY
Registered office: 82
Kenninghall View
Sheffield
England
S2 3WX
Company Registration Number: 14395126 (England and Wales)

GEM GLAMOUR LTD

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

The company's principal activity during the period was the provision of hairdressing and other beauty treatments.

Directors

The directors shown below have held office during the whole of the period from 03 October 2022 to 31 October 2023
Oluwaseyifunmi Omolayo ANTHONY

This report was approved by the board of directors on 20 November 2023
And Signed On Behalf Of The Board By:

Name: Oluwaseyifunmi Omolayo ANTHONY
Status: Director

GEM GLAMOUR LTD

Balance sheet

As at 31 October 2023


Notes
13 months to
31 Oct 2023
£
Fixed assets
Total fixed assets: -
Current assets
Cash at bank and in hand: 1,030
Total current assets: 1,030
Creditors: amounts falling due within one year: 4 ( 5,293 )
Net current assets (liabilities): ( 4,263 )
Total assets less current liabilities: ( 4,263 )
Total net assets (liabilities): ( 4,263 )

The notes form part of these financial statements

GEM GLAMOUR LTD

Balance sheet continued

As at 31 October 2023


Notes
13 months to
31 Oct 2023
£
Capital and reserves
Called up share capital: 1
Profit and loss account: ( 4,264 )
Shareholders funds: ( 4,263 )

For the year ending 31 October 2023 the company was entitled to exemption 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 November 2023
And Signed On Behalf Of The Board By:

Name: Oluwaseyifunmi Omolayo ANTHONY
Status: Director

The notes form part of these financial statements

GEM GLAMOUR LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents amounts receivable on the provision of services, net of VAT, and trade discounts on the provision of services falling within the company’s ordinary activities.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates to write off the assets over their estimated useful lives:
    Motor vehicle 25% reducing balance method
    Office equipment 25% straight-line method
    Furniture & fittings 25% straight-line method

    Other accounting policies

    Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the directors' opinion, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

GEM GLAMOUR LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    13 months to
    31 Oct 2023
    Average number of employees during the period 0

GEM GLAMOUR LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

GEM GLAMOUR LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4.Creditors: amounts falling due within one year note

13 months to
31 Oct 2023
£
Accruals and deferred income 400
Other creditors 4,893
Total 5,293