Company Registration No. 14470024 (England and Wales)
Simply Gabriella Limited
Unaudited accounts
for the period from 8 November 2022 to 30 November 2023
Simply Gabriella Limited
Unaudited accounts
Contents
Simply Gabriella Limited
Company Information
for the period from 8 November 2022 to 30 November 2023
Company Number
14470024 (England and Wales)
Registered Office
85 Great Portland Street
First Floor
London
W1W 7LT
England
Accountants
Cone Accounting Limited
85 Great Portland Street
First Floor
London
W1W 7LT
Simply Gabriella Limited
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
536
Creditors: amounts falling due within one year
(19,177)
Net current liabilities
(18,291)
Called up share capital
100
Profit and loss account
(11,488)
Shareholders' funds
(11,388)
For the period ending 30 November 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 director acknowledges her 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 and authorised for issue on 7 February 2024 and were signed on its behalf by
Gabriella Fotara
Director
Company Registration No. 14470024
Simply Gabriella Limited
Notes to the Accounts
for the period from 8 November 2022 to 30 November 2023
Simply Gabriella Limited is a private company, limited by shares, registered in England and Wales, registration number 14470024. The registered office is 85 Great Portland Street, First Floor, London, W1W 7LT, 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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
Straight line, 5 years
Computer equipment
Straight line, 3 years
Other tangible fixed assets
Straight line, 4 years
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Simply Gabriella Limited
Notes to the Accounts
for the period from 8 November 2022 to 30 November 2023
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
1,218
8,453
9,671
At 30 November 2023
1,218
8,453
9,671
Charge for the period
267
2,501
2,768
At 30 November 2023
267
2,501
2,768
At 30 November 2023
951
5,952
6,903
Amounts falling due within one year
Accrued income and prepayments
350
6
Creditors: amounts falling due within one year
2023
Loans from directors
18,851
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
8
Average number of employees
During the period the average number of employees was 1.