Company Registration No. 7992706 (England and Wales)
Gemmeus Limited
Unaudited accounts
for the year ended 31 May 2023
Gemmeus Limited
Unaudited accounts
Contents
Gemmeus Limited
Company Information
for the year ended 31 May 2023
Directors
Andrew Trunkfield
Angela Trunkfield
Company Number
7992706 (England and Wales)
Registered Office
SOMERDALE LOWER STREET
NINFIELD
BATTLE
EAST SUSSEX
TN33 9EA
ENGLAND
Accountants
PS Accounting Solutions Ltd
8 Rede Wood Road
Barming
Maidstone
Kent
ME16 9HL
Gemmeus Limited
Statement of financial position
as at 31 May 2023
Tangible assets
2,639
5,064
Cash at bank and in hand
4,174
20,396
Creditors: amounts falling due within one year
(18,811)
(24,272)
Net current assets
7,154
10,524
Total assets less current liabilities
9,793
15,588
Creditors: amounts falling due after more than one year
(9,200)
(13,800)
Called up share capital
100
100
Profit and loss account
493
1,688
Shareholders' funds
593
1,788
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 9 February 2024 and were signed on its behalf by
Andrew Trunkfield
Director
Company Registration No. 7992706
Gemmeus Limited
Notes to the Accounts
for the year ended 31 May 2023
Gemmeus Limited is a private company, limited by shares, registered in England and Wales, registration number 7992706. The registered office is SOMERDALE LOWER STREET, NINFIELD, BATTLE, EAST SUSSEX, TN33 9EA, ENGLAND.
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
14,171
936
12,731
27,838
At 31 May 2023
14,171
936
13,279
28,386
At 1 June 2022
11,338
598
10,838
22,774
Charge for the year
1,417
242
1,314
2,973
At 31 May 2023
12,755
840
12,152
25,747
At 31 May 2023
1,416
96
1,127
2,639
At 31 May 2022
2,833
338
1,893
5,064
Gemmeus Limited
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
7,200
14,400
Accrued income and prepayments
4,000
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,600
4,600
Taxes and social security
7,044
8,634
Loans from directors
-
2,706
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).