REGISTERED NUMBER: |
Financial Statements for the Year Ended 28 February 2023 |
for |
GRAPHIC APPLICATION SERVICES X LIMITED |
REGISTERED NUMBER: |
Financial Statements for the Year Ended 28 February 2023 |
for |
GRAPHIC APPLICATION SERVICES X LIMITED |
GRAPHIC APPLICATION SERVICES X LIMITED (REGISTERED NUMBER: 11817894) |
Contents of the Financial Statements |
for the Year Ended 28 February 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
GRAPHIC APPLICATION SERVICES X LIMITED |
Company Information |
for the Year Ended 28 February 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
1 & 2 Studley Court Mews |
Studley Court |
Guildford Road |
Chobham |
Surrey |
GU24 8EB |
GRAPHIC APPLICATION SERVICES X LIMITED (REGISTERED NUMBER: 11817894) |
Balance Sheet |
28 February 2023 |
28/2/23 | 28/2/22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | 9 |
SHAREHOLDERS' FUNDS |
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. |
GRAPHIC APPLICATION SERVICES X LIMITED (REGISTERED NUMBER: 11817894) |
Balance Sheet - continued |
28 February 2023 |
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 |
GRAPHIC APPLICATION SERVICES X LIMITED (REGISTERED NUMBER: 11817894) |
Notes to the Financial Statements |
for the Year Ended 28 February 2023 |
1. | STATUTORY INFORMATION |
Graphic Application Services X Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its |
estimated useful life. |
Fixtures and fittings - 15% Reducing balance |
Motor vehicles - 25% Reducing balance |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Motor |
fittings | vehicles | Totals |
£ | £ | £ |
COST |
At 1 March 2022 |
and 28 February 2023 |
DEPRECIATION |
At 1 March 2022 |
Charge for year |
At 28 February 2023 |
NET BOOK VALUE |
At 28 February 2023 |
At 28 February 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28/2/23 | 28/2/22 |
£ | £ |
Other debtors |
GRAPHIC APPLICATION SERVICES X LIMITED (REGISTERED NUMBER: 11817894) |
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2023 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28/2/23 | 28/2/22 |
£ | £ |
Bank loans and overdrafts |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
28/2/23 | 28/2/22 |
£ | £ |
Bank loans |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 28/2/23 | 28/2/22 |
value: | £ | £ |
Ordinary | £1 | 2 | 2 |
9. | RESERVES |
Retained |
earnings |
£ |
At 1 March 2022 |
Deficit for the year | ( |
) |
At 28 February 2023 |
10. | RELATED PARTY DISCLOSURES |
At the end of the year the directors owed an amount of £ 5,333 (2022: £28,000) to the company. |
Included within Other Creditors is an amount of £ 7,699 (2022: £ 7,858) owed by Graphic Application Services Limited, a company, incorporated in England and Wales. Mr. R E Wheal and Mr. R J Wheal are the directors and shareholders of Graphic Application Services Limited. |