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Company registration number: 04768063
Gravity Design Associates Limited
Unaudited filleted financial statements
31 May 2023
Gravity Design Associates Limited
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Gravity Design Associates Limited
Directors and other information
Directors Lisa Hammond
Company number 04768063
Registered office Old Bank Court
Morocco Street
London
SE1 3HB
Gravity Design Associates Limited
Statement of financial position
31 May 2023
2023 2022
£ £ £ £
Fixed assets 4,842 6,708
_______ _______
Current assets 215,879 149,493
Prepayments and accrued income 5,236 54,035
_______ _______
221,115 203,528
Creditors: amounts falling due within one year ( 134,062) ( 181,122)
_______ _______
Net current assets 87,053 22,406
_______ _______
Total assets less current liabilities 91,895 29,114
Accruals and deferred income ( 5,126) ( 6,607)
_______ _______
Net assets 86,769 22,507
_______ _______
Capital and reserves 86,769 22,507
_______ _______
Notes to the financial statements
Gravity Design Associates Limited
Year ended 31 May 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 9 (2022: 10 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Lisa Hammond 5,865 47,628 ( 53,500) ( 7)
Graham Walmsley - - - -
_______ _______ _______ _______
2022
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Lisa Hammond - 29,687 ( 23,822) 5,865
Graham Walmsley 1,481 16,091 ( 17,572) -
_______ _______ _______ _______
1,481 45,778 ( 41,394) 5,865
_______ _______ _______ _______
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.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 31 January 2024 , and are signed on behalf of the board by:
Lisa Hammond
Director
Company registration number: 04768063
The company is a private company limited by shares, registered in England & Wales.