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REGISTERED NUMBER: 10918799 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

THE GINKING COMPANY LIMITED

THE GINKING COMPANY LIMITED (Registered number: 10918799)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


THE GINKING COMPANY LIMITED

Company Information
for the Year Ended 31 May 2023







DIRECTOR: J R Worontschak





REGISTERED OFFICE: Ground Floor Offices
39 Guildford Road
Lightwater
Surrey
GU18 5SA





REGISTERED NUMBER: 10918799 (England and Wales)





ACCOUNTANTS: WITNEY & CO LTD
Ground Floor
39 Guildford Road
Lightwater
Surrey
GU18 5SA

THE GINKING COMPANY LIMITED (Registered number: 10918799)

Abridged Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £   
CURRENT ASSETS
Stocks 15,608 59,054
Debtors 29,193 1,543
Cash at bank 81,396 105,846
126,197 166,443
CREDITORS
Amounts falling due within one year 59,666 89,118
NET CURRENT ASSETS 66,531 77,325
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,531

77,325

CREDITORS
Amounts falling due after more than one
year

21,027

30,126
NET ASSETS 45,504 47,199

CAPITAL AND RESERVES
Called up share capital 66 66
Retained earnings 4 45,438 47,133
SHAREHOLDERS' FUNDS 45,504 47,199

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

THE GINKING COMPANY LIMITED (Registered number: 10918799)

Abridged Balance Sheet - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 February 2024 and were signed by:





J R Worontschak - Director


THE GINKING COMPANY LIMITED (Registered number: 10918799)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

THE GINKING COMPANY LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

THE GINKING COMPANY LIMITED (Registered number: 10918799)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. RESERVES
Retained
earnings
£   

At 1 June 2022 47,133
Deficit for the year (1,695 )
At 31 May 2023 45,438

5. RELATED PARTY DISCLOSURES

The controlling party is J R Worontschak.

The ultimate controlling party is J R Worontschak.