REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 August 2022 to 31 January 2024 |
for |
GW TEX LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 August 2022 to 31 January 2024 |
for |
GW TEX LIMITED |
GW TEX LIMITED (REGISTERED NUMBER: 06644715) |
Contents of the Financial Statements |
for the Period 1 August 2022 to 31 January 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
GW TEX LIMITED |
Company Information |
for the Period 1 August 2022 to 31 January 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
52 St Johns Lane |
Halifax |
West Yorkshire |
HX1 2BW |
GW TEX LIMITED (REGISTERED NUMBER: 06644715) |
Balance Sheet |
31 January 2024 |
31.1.24 | 31.7.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Investments | 7 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
GW TEX LIMITED (REGISTERED NUMBER: 06644715) |
Balance Sheet - continued |
31 January 2024 |
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 |
GW TEX LIMITED (REGISTERED NUMBER: 06644715) |
Notes to the Financial Statements |
for the Period 1 August 2022 to 31 January 2024 |
1. | STATUTORY INFORMATION |
GW Tex Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Plant and machinery etc | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
Goodwill |
Goodwill acquired in 2008 was originally being written off over its estimated useful life of twenty years. |
The useful estimated life was reduced to a remaining seven years at the date of transition to FRS102 1a on 1 August 2015. |
GW TEX LIMITED (REGISTERED NUMBER: 06644715) |
Notes to the Financial Statements - continued |
for the Period 1 August 2022 to 31 January 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 August 2022 |
and 31 January 2024 |
AMORTISATION |
At 1 August 2022 |
and 31 January 2024 |
NET BOOK VALUE |
At 31 January 2024 |
At 31 July 2022 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 August 2022 |
Additions |
Disposals | ( |
) |
At 31 January 2024 |
DEPRECIATION |
At 1 August 2022 |
Eliminated on disposal | ( |
) |
At 31 January 2024 |
NET BOOK VALUE |
At 31 January 2024 |
At 31 July 2022 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.24 | 31.7.22 |
£ | £ |
Trade debtors |
Other debtors |
GW TEX LIMITED (REGISTERED NUMBER: 06644715) |
Notes to the Financial Statements - continued |
for the Period 1 August 2022 to 31 January 2024 |
7. | CURRENT ASSET INVESTMENTS |
31.1.24 | 31.7.22 |
£ | £ |
Listed investments | - | 331,948 |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.24 | 31.7.22 |
£ | £ |
Taxation and social security |
Other creditors |