Registered number
02385170
Gainstream Ltd
Filleted Accounts
30 June 2023
Gainstream Ltd
Registered number: 02385170
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 6 6
Cash at bank and in hand 7,884 1,361
7,890 1,367
Creditors: amounts falling due within one year 4 (418) (2,406)
Net current assets/(liabilities) 7,472 (1,039)
Net assets/(liabilities) 7,472 (1,039)
Capital and reserves
Called up share capital 12 12
Profit and loss account 7,460 (1,051)
Shareholders' funds 7,472 (1,039)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Paul Readfern
Director
Approved by the board on 6 February 2024
Gainstream Ltd
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is amounts paid and payable by property owners for management and costs. Any amounts unpaid by house owners are included in debtors.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2023 2022
£ £
Other debtors 6 6
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 410 400
Other creditors 8 2,006
418 2,406
5 Related party transactions
Mr and Mrs Readfern loaned £2000 to the company in 2022 to pay for an emergency repair. The company received a refund of the costs and the loan has been repaid. No interest is charged on the loan in these accounts.
6 Controlling party
There is no overall controlling party due to the shareholdings.
7 Other information
Gainstream Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Stoneybridge House
Tywardreath
Par
Cornwall
PL24 2TY
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