Company Registration No. 06005467 (England and Wales)
GQS TAPE AND JOINTING LTD
Unaudited accounts
for the year ended 31 March 2023
GQS TAPE AND JOINTING LTD
Unaudited accounts
Contents
GQS TAPE AND JOINTING LTD
Company Information
for the year ended 31 March 2023
Director
Kevin Anthony Webber
Company Number
06005467 (England and Wales)
Registered Office
47 SIDMOUTH HOUSE LINDLEY ESTATE
FRIARY ROAD
LONDON
SE15 1BL
Accountants
LIBRA ASSOCIATES (UK) LIMITED
133 CREEK ROAD
GREENWICH
LONDON
SE8 3BU
GQS TAPE AND JOINTING LTD
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
11,266
39,444
Creditors: amounts falling due within one year
(12,947)
(13,550)
Net current assets
7,021
50,227
Total assets less current liabilities
7,021
50,227
Creditors: amounts falling due after more than one year
(4,357)
(47,830)
Called up share capital
1
1
Profit and loss account
2,663
2,396
Shareholders' funds
2,664
2,397
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 22 December 2023 and were signed on its behalf by
Kevin Anthony Webber
Director
Company Registration No. 06005467
GQS TAPE AND JOINTING LTD
Notes to the Accounts
for the year ended 31 March 2023
GQS TAPE AND JOINTING LTD is a private company, limited by shares, registered in England and Wales, registration number 06005467. The registered office is 47 SIDMOUTH HOUSE LINDLEY ESTATE, FRIARY ROAD, LONDON, SE15 1BL.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Amounts falling due within one year
Other debtors
8,702
21,243
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
12,347
13,100
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
(18,396)
19,322
GQS TAPE AND JOINTING LTD
Notes to the Accounts
for the year ended 31 March 2023
7
Transactions with related parties
Mr Kevin Anthony Webber is the sole shareholder of the company with 100% of the issued share capital. Mr Kevin Anthony Webber received £28,000 during the year (2018: £18,000).
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).