Company Registration No. 3132167 (England and Wales)
Gemjac Limited
Unaudited accounts
for the year ended 31 March 2023
Gemjac Limited
Unaudited accounts
Contents
Gemjac Limited
Company Information
for the year ended 31 March 2023
Directors
Ian Hayes
Jennifer Hayes
Company Number
3132167 (England and Wales)
Registered Office
1 PARNHAM CLOSE
BRADLEY FOLD
RADCLIFFE
MANCHESTER
M26 3XU
Accountants
Whittaker Accountants Ltd
Lock 50
Oldham Road
Rochdale
OL16 5RD
Gemjac Limited
Statement of financial position
as at 31 March 2023
Tangible assets
113,508
113,508
Cash at bank and in hand
2,005
2,781
Creditors: amounts falling due within one year
(129,565)
(133,609)
Net current liabilities
(127,560)
(130,828)
Net liabilities
(14,052)
(17,320)
Called up share capital
20,000
20,000
Profit and loss account
(34,052)
(37,320)
Shareholders' funds
(14,052)
(17,320)
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
Ian Hayes
Director
Company Registration No. 3132167
Gemjac Limited
Notes to the Accounts
for the year ended 31 March 2023
Gemjac Limited is a private company, limited by shares, registered in England and Wales, registration number 3132167. The registered office is 1 PARNHAM CLOSE, BRADLEY FOLD, RADCLIFFE, MANCHESTER, M26 3XU.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
18% RB
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
113,508
5,284
118,792
At 31 March 2023
113,508
5,284
118,792
At 1 April 2022
-
5,284
5,284
At 31 March 2023
-
5,284
5,284
At 31 March 2023
113,508
-
113,508
At 31 March 2022
113,508
-
113,508
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
129,565
133,609
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).