GILBERT DEVELOPMENTS LIMITED

Company Registration Number:
SC108991 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

GILBERT DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

GILBERT DEVELOPMENTS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 131,211 93,389
Investments:   0 0
Total fixed assets: 131,211 93,389
Current assets
Stocks: 581,813 510,364
Debtors:   117,206 81,032
Cash at bank and in hand: 15,548 7,543
Investments:   0 0
Total current assets: 714,567 598,939
Creditors: amounts falling due within one year: 4 (244,536) (95,201)
Net current assets (liabilities): 470,031 503,738
Total assets less current liabilities: 601,242 597,127
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: (24,930) (17,744)
Total net assets (liabilities): 576,312 579,383
Capital and reserves
Called up share capital: 10,000 10,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 566,312 569,383
Shareholders funds: 576,312 579,383

The notes form part of these financial statements

GILBERT DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 December 2023
and signed on behalf of the board by:

Name: D A G Palmer
Status: Director

The notes form part of these financial statements

GILBERT DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GILBERT DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 4 4

GILBERT DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 398,252
Additions 63,270
Disposals (125,345)
Revaluations 0
Transfers 0
At 31 March 2023 336,177
Depreciation
At 01 April 2022 304,863
Charge for year 25,448
On disposals (125,345)
Other adjustments 0
At 31 March 2023 204,966
Net book value
At 31 March 2023 131,211
At 31 March 2022 93,389

GILBERT DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

Creditors - amounts falling due within one year relate to:-Trade creditors, inter group undertakings, taxation and social security and other creditors.