GILFERRY LTD

Company Registration Number:
05898493 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

GILFERRY LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

GILFERRY LTD

Company Information

for the Period Ended 31 March 2023




Registered office: Lilstock House
London Road
Box
Wiltshire
SN13 8NA
Company Registration Number: 05898493 (England and Wales)

GILFERRY LTD

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 22,500 30,000
Tangible assets: 5 2,959 5,844
Total fixed assets: 25,459 35,844
Current assets
Stocks: 17,873 17,329
Debtors: 570 860
Cash at bank and in hand: 2,028 14,853
Total current assets: 20,471 33,042
Prepayments and accrued income: 1,907 255
Creditors: amounts falling due within one year: ( 23,934 ) ( 24,290 )
Net current assets (liabilities): ( 1,556 ) 9,007
Total assets less current liabilities: 23,903 44,851
Creditors: amounts falling due after more than one year: ( 23,088 ) ( 42,683 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 570 ) ( 586 )
Total net assets (liabilities): 245 1,582

The notes form part of these financial statements

GILFERRY LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 243 1,580
Shareholders funds: 245 1,582

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 22 November 2023
And Signed On Behalf Of The Board By:

Name: Christopher Cunningham
Status: Director

The notes form part of these financial statements

GILFERRY LTD

Notes to the Financial Statements

for the Period Ended 31 March 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

GILFERRY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 8 7

GILFERRY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

GILFERRY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 April 2022 150,000
    Additions 0
    Disposals -
    Revaluations -
    Transfers -
    At 31 March 2023 150,000
    Amortisation
    Amortisation at 01 April 2022 120,000
    Charge for year 7,500
    On disposals -
    Other adjustments -
    Amortisation at 31 March 2023 127,500
    Net book value
    Net book value at 31 March 2023 22,500
    Net book value at 31 March 2022 30,000

    Goodwill arising in connection with the acquisition of the business is capitalised and amortised over its estimated useful life to a maximum of 20 years

GILFERRY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible Assets

Total
Cost £
At 01 April 2022 21,499
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2023 21,499
Depreciation
At 01 April 2022 15,655
Charge for year 2,885
On disposals -
Other adjustments -
At 31 March 2023 18,540
Net book value
At 31 March 2023 2,959
At 31 March 2022 5,844