Company Registration No. 12539705 (England and Wales)
Gariox Ltd
Unaudited accounts
for the year ended 31 March 2023
Gariox Ltd
Unaudited accounts
Contents
Gariox Ltd
Company Information
for the year ended 31 March 2023
Company Number
12539705 (England and Wales)
Registered Office
61 BRIDGE STREET
KINGTON
HR5 3DJ
UNITED KINGDOM
Accountants
Harrison Louca
HJL Accountancy Limited
4 Arragon Gardens
West Wickham
Kent
BR4 9LJ
Gariox Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
2,344
3,125
Cash at bank and in hand
1,040,025
493,231
Creditors: amounts falling due within one year
(230,351)
(170,544)
Net current assets
809,674
322,687
Net assets
812,018
325,812
Called up share capital
1
1
Profit and loss account
812,017
325,811
Shareholders' funds
812,018
325,812
For the year ending 31 March 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 his 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 23 February 2024 and were signed on its behalf by
Frazer Lavender
Director
Company Registration No. 12539705
Gariox Ltd
Notes to the Accounts
for the year ended 31 March 2023
Gariox Ltd is a private company, limited by shares, registered in England and Wales, registration number 12539705. The registered office is 61 BRIDGE STREET, KINGTON, HR5 3DJ, UNITED KINGDOM.
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.
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
145
2,980
3,125
At 31 March 2023
145
2,980
3,125
Charge for the year
36
745
781
At 31 March 2023
36
745
781
At 31 March 2023
109
2,235
2,344
At 31 March 2022
145
2,980
3,125
Gariox Ltd
Notes to the Accounts
for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
77,190
107,940
Taxes and social security
153,161
62,604
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).