Gillam Ltd |
Registered number: |
07372663 |
Balance Sheet |
as at 30 September 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
- |
|
|
641 |
|
Current assets |
Debtors |
4 |
|
19 |
|
|
2,226 |
Cash at bank and in hand |
|
|
2,688 |
|
|
14,327 |
|
|
|
2,707 |
|
|
16,553 |
|
Creditors: amounts falling due within one year |
5 |
|
(1,033) |
|
|
(893) |
|
Net current assets |
|
|
|
1,674 |
|
|
15,660 |
|
Total assets less current liabilities |
|
|
|
1,674 |
|
|
16,301 |
|
Creditors: amounts falling due after more than one year |
6 |
|
|
(24,523) |
|
|
(25,264) |
|
|
Net liabilities |
|
|
|
(22,849) |
|
|
(8,963) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
(22,949) |
|
|
(9,063) |
|
Shareholder's funds |
|
|
|
(22,849) |
|
|
(8,963) |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
T P L Gillam |
Director |
Approved by the board on 31 October 2023 |
|
Gillam Ltd |
Notes to the Accounts |
for the year ended 30 September 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers. Turnover is recognised when work has been completed. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
4 years |
|
|
Debtors |
|
Short term debtors are measured at transaction price, which is usually the invoice price, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price, which is usually the invoice price. |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery |
£ |
|
Cost |
|
At 1 October 2022 |
35,167 |
|
Disposals |
(35,167) |
|
At 30 September 2023 |
- |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2022 |
34,526 |
|
On disposals |
(34,526) |
|
At 30 September 2023 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2023 |
- |
|
At 30 September 2022 |
641 |
|
|
4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Other debtors |
19 |
|
2,226 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Other creditors |
1,033 |
|
893 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due after one year |
2023 |
|
2022 |
£ |
£ |
|
|
Other creditors |
24,523 |
|
25,264 |
|
|
|
|
|
|
|
|
|
|
7 |
Related party transactions |
|
|
At the year end the director of the company was owed £24,523 (2022 - £25,264). |
|
|
8 |
Other information |
|
Gillam Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
7 The Close |
|
Glastonbury |
|
Somerset |
|
BA6 9HZ |