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REGISTERED NUMBER: 08505686 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

GHOST ENTERPRISES LTD

GHOST ENTERPRISES LTD (REGISTERED NUMBER: 08505686)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GHOST ENTERPRISES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: G C Hulley
Mrs R Hulley





REGISTERED OFFICE: The Admin Block
The Minerva Centre
Mundon
Essex
CM9 6NP





REGISTERED NUMBER: 08505686 (England and Wales)





ACCOUNTANTS: Lucentum Business Services Ltd
Kingfisher House
11 Hoffmanns Way
Chelmsford
Essex
CM1 1GU

GHOST ENTERPRISES LTD (REGISTERED NUMBER: 08505686)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - 700
Tangible assets 6 6,889 6,308
6,889 7,008

CURRENT ASSETS
Stocks 7 5,344 5,000
Debtors 8 276,762 58,845
Cash at bank 46,832 19,406
328,938 83,251
CREDITORS
Amounts falling due within one year 9 265,760 54,633
NET CURRENT ASSETS 63,178 28,618
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,067

35,626

PROVISIONS FOR LIABILITIES 10 1,722 1,198
NET ASSETS 68,345 34,428

CAPITAL AND RESERVES
Called up share capital 11 2 2
Retained earnings 68,343 34,426
SHAREHOLDERS' FUNDS 68,345 34,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

GHOST ENTERPRISES LTD (REGISTERED NUMBER: 08505686)

BALANCE SHEET - continued
30 APRIL 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:





G C Hulley - Director


GHOST ENTERPRISES LTD (REGISTERED NUMBER: 08505686)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

Ghost Enterprises Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents the amount receivable for services and goods, net of returns, discounts and value added taxes.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met.

Turnover is recognised on an accruals basis over the period the services and goods are provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on cost

Tangible assets are initially measured at cost and subsequently measured at cost net of depreciation and any impairment losses. Depreciation of a tangible fixed assets begins when it is in the location and condition necessary available for the use intended.

Tangible fixed asset depreciation is included in administrative expenses in the income statement.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

GHOST ENTERPRISES LTD (REGISTERED NUMBER: 08505686)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

3. ACCOUNTING POLICIES - continued

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 4 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2022
and 30 April 2023 7,000
AMORTISATION
At 1 May 2022 6,300
Amortisation for year 700
At 30 April 2023 7,000
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 700

GHOST ENTERPRISES LTD (REGISTERED NUMBER: 08505686)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

6. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2022 7,249 9,634 16,883
Additions 655 1,846 2,501
At 30 April 2023 7,904 11,480 19,384
DEPRECIATION
At 1 May 2022 4,439 6,136 10,575
Charge for year 584 1,336 1,920
At 30 April 2023 5,023 7,472 12,495
NET BOOK VALUE
At 30 April 2023 2,881 4,008 6,889
At 30 April 2022 2,810 3,498 6,308

7. STOCKS
2023 2022
£    £   
Stocks 5,344 5,000

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 269,362 55,362
Other debtors 7,400 3,483
276,762 58,845

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Finance leases - 702
Trade creditors 21,927 7,864
Taxation and social security 78,222 22,044
Other creditors 165,611 24,023
265,760 54,633

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 1,722 1,198

GHOST ENTERPRISES LTD (REGISTERED NUMBER: 08505686)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 May 2022 1,198
Charge to Income Statement during year 524
Balance at 30 April 2023 1,722

11. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 2 2

12. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separate from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund.Contributions payable to the fund at the year end by the company and included in other creditors are £669 (2022: £219).

20232022
££

Contributions payable by the company for the year3,1821,192

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, a loan subsisted between the company and its directors. At the year end the company owed the directors £442 (2022: £11,806) which is shown within creditors. No interest is charged on the loan.