Company Registration No. 7520490 (England and Wales)
G&N Wall and Floor Tiling Limited
Unaudited accounts
for the year ended 28 February 2023
G&N Wall and Floor Tiling Limited
Unaudited accounts
Contents
G&N Wall and Floor Tiling Limited
Company Information
for the year ended 28 February 2023
Directors
Mr Gavin Swabey
Mr Neil Cannon
Company Number
7520490 (England and Wales)
Registered Office
6 Guelder Way
Tamerton Foliot
Plymouth
Devon
PL6 6FR
uk
Accountants
BookBusters t/n of Castle Home Loans Limited
Eureka House
Higher Downgate
Callington
Cornwall
PL17 8HL
G&N Wall and Floor Tiling Limited
Statement of financial position
as at 28 February 2023
Tangible assets
23,901
11,615
Cash at bank and in hand
39,090
-
Creditors: amounts falling due within one year
(36,544)
(91,955)
Net current assets
87,404
98,330
Total assets less current liabilities
111,305
109,945
Creditors: amounts falling due after more than one year
(38,334)
(19,833)
Called up share capital
2
2
Profit and loss account
72,969
90,110
Shareholders' funds
72,971
90,112
For the year ending 28 February 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 28 November 2023 and were signed on its behalf by
Mr Gavin Swabey
Director
Company Registration No. 7520490
G&N Wall and Floor Tiling Limited
Notes to the Accounts
for the year ended 28 February 2023
G&N Wall and Floor Tiling Limited is a private company, limited by shares, registered in England and Wales, registration number 7520490. The registered office is 6 Guelder Way, Tamerton Foliot, Plymouth, Devon, PL6 6FR, uk.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2022
1,833
25,494
27,327
Additions
482
23,000
23,482
Disposals
-
(12,747)
(12,747)
At 28 February 2023
2,315
35,747
38,062
At 1 March 2022
660
15,052
15,712
Charge for the year
331
5,644
5,975
On disposals
-
(7,526)
(7,526)
At 28 February 2023
991
13,170
14,161
At 28 February 2023
1,324
22,577
23,901
At 28 February 2022
1,173
10,442
11,615
G&N Wall and Floor Tiling Limited
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Trade debtors
16,395
53,342
Other debtors
65,858
132,522
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
21,938
Trade creditors
27,242
12,855
Taxes and social security
7,245
53,670
Loans from directors
2,057
3,492
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
4,592
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).