30 June 2022 false No description of principal activity Taxfiler 2023.15 SC426892business:PrivateLimitedCompanyLtd2022-06-302023-06-29 SC4268922022-06-29 SC4268922022-06-302023-06-29 SC426892business:AuditExemptWithAccountantsReport2022-06-302023-06-29 SC426892business:FilletedAccounts2022-06-302023-06-29 SC4268922023-06-29 SC426892business:Director12022-06-302023-06-29 SC426892business:RegisteredOffice2022-06-302023-06-29 SC4268922022-06-29 SC426892core:WithinOneYear2023-06-29 SC426892core:WithinOneYear2022-06-29 SC426892core:ShareCapitalcore:PreviouslyStatedAmount2023-06-29 SC426892core:ShareCapitalcore:PreviouslyStatedAmount2022-06-29 SC426892core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-29 SC426892core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-29 SC426892core:PreviouslyStatedAmount2023-06-29 SC426892core:PreviouslyStatedAmount2022-06-29 SC426892business:SmallEntities2022-06-302023-06-29 SC426892countries:Scotland2022-06-302023-06-29 SC426892core:FurnitureFittings2022-06-302023-06-29 SC426892core:MotorVehicles2022-06-29 SC426892core:FurnitureFittings2022-06-29 SC426892core:MotorVehicles2023-06-29 SC426892core:FurnitureFittings2023-06-29 SC426892core:MotorVehicles2022-06-302023-06-29 SC4268922021-06-302022-06-29 iso4217:GBP xbrli:pure
Company Registration No. SC426892 (Scotland)
GOSHEN ADELAK AND AUTOS LIMITED LTD Unaudited accounts for the year ended 29 June 2023
GOSHEN ADELAK AND AUTOS LIMITED LTD Unaudited accounts Contents
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GOSHEN ADELAK AND AUTOS LIMITED LTD Company Information for the year ended 29 June 2023
Director
Korede Adebisi
Company Number
SC426892 (Scotland)
Registered Office
47 Broad Street Glasgow G40 2QW United Kingdom
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GOSHEN ADELAK AND AUTOS LIMITED LTD Statement of financial position as at 29 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,563 
13,188 
Current assets
Inventories
173,417 
136,709 
Cash at bank and in hand
1,514 
14,737 
174,931 
151,446 
Creditors: amounts falling due within one year
(280,903)
(209,522)
Net current liabilities
(105,972)
(58,076)
Net liabilities
(94,409)
(44,888)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(94,410)
(44,889)
Shareholders' funds
(94,409)
(44,888)
For the year ending 29 June 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 12 March 2024 and were signed on its behalf by
Korede Adebisi Director Company Registration No. SC426892
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GOSHEN ADELAK AND AUTOS LIMITED LTD Notes to the Accounts for the year ended 29 June 2023
1
Statutory information
GOSHEN ADELAK AND AUTOS LIMITED LTD is a private company, limited by shares, registered in Scotland, registration number SC426892. The registered office is 47 Broad Street, Glasgow, G40 2QW, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
18%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 30 June 2022
7,712 
13,570 
21,282 
At 29 June 2023
7,712 
13,570 
21,282 
Depreciation
At 30 June 2022
1,469 
6,625 
8,094 
Charge for the year
375 
1,250 
1,625 
At 29 June 2023
1,844 
7,875 
9,719 
Net book value
At 29 June 2023
5,868 
5,695 
11,563 
At 29 June 2022
6,243 
6,945 
13,188 
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GOSHEN ADELAK AND AUTOS LIMITED LTD Notes to the Accounts for the year ended 29 June 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
896 
- 
Taxes and social security
3,000 
561 
Other creditors
14,212 
(1,463)
Loans from directors
261,932 
210,424 
Accruals
863 
- 
280,903 
209,522 
6
Average number of employees
During the year the average number of employees was 3 (2022: 9).
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