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REGISTERED NUMBER: 09431742 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED

28 FEBRUARY 2023

FOR

GEL CONTRACTS LTD

GEL CONTRACTS LTD (REGISTERED NUMBER: 09431742)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 February 2023










Page

Statement of Financial Position 1


GEL CONTRACTS LTD (REGISTERED NUMBER: 09431742)

STATEMENT OF FINANCIAL POSITION
28 February 2023

2023 2022
£    £   
FIXED ASSETS 1,102 2,203

CURRENT ASSETS 331,755 389,907

CREDITORS
Amounts falling due within one year (30,501 ) (66,652 )
NET CURRENT ASSETS 301,254 323,255
TOTAL ASSETS LESS CURRENT
LIABILITIES

302,356

325,458

CAPITAL AND RESERVES 302,356 325,458

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Gel Contracts Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09431742

Registered office: 4th Floor Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2022 - 5 ) .

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2023 and 28 February 2022:

2023 2022
£    £   
Mr David Keeley
Balance outstanding at start of year (1,053 ) (1,017 )
Amounts advanced 22,412 20,149
Amounts repaid (22,208 ) (20,185 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (849 ) (1,053 )

GEL CONTRACTS LTD (REGISTERED NUMBER: 09431742)

STATEMENT OF FINANCIAL POSITION - continued
28 February 2023

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mr Barry Ellis
Balance outstanding at start of year (1,565 ) (423 )
Amounts advanced 29,101 27,971
Amounts repaid (29,372 ) (29,113 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,836 ) (1,565 )



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2023 and were signed on its behalf by:




Mr David Keeley - Director



Mr Barry Ellis - Director