Chris Gallimore Limited 04850081 false 2022-10-01 2023-09-30 2023-09-30 The principal activity of the company is that of general construction Digita Accounts Production Advanced 6.30.9574.0 true true 04850081 2022-10-01 2023-09-30 04850081 2023-09-30 04850081 core:RetainedEarningsAccumulatedLosses 2023-09-30 04850081 core:ShareCapital 2023-09-30 04850081 core:CurrentFinancialInstruments 2023-09-30 04850081 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 04850081 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 04850081 core:FurnitureFittings 2023-09-30 04850081 core:MotorVehicles 2023-09-30 04850081 core:PlantMachinery 2023-09-30 04850081 bus:SmallEntities 2022-10-01 2023-09-30 04850081 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 04850081 bus:FullAccounts 2022-10-01 2023-09-30 04850081 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 04850081 bus:RegisteredOffice 2022-10-01 2023-09-30 04850081 bus:Director2 2022-10-01 2023-09-30 04850081 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 04850081 core:FurnitureFittings 2022-10-01 2023-09-30 04850081 core:MotorVehicles 2022-10-01 2023-09-30 04850081 core:OfficeEquipment 2022-10-01 2023-09-30 04850081 core:PlantMachinery 2022-10-01 2023-09-30 04850081 countries:EnglandWales 2022-10-01 2023-09-30 04850081 2022-09-30 04850081 core:FurnitureFittings 2022-09-30 04850081 core:MotorVehicles 2022-09-30 04850081 core:PlantMachinery 2022-09-30 04850081 2021-10-01 2022-09-30 04850081 2022-09-30 04850081 core:RetainedEarningsAccumulatedLosses 2022-09-30 04850081 core:ShareCapital 2022-09-30 04850081 core:CurrentFinancialInstruments 2022-09-30 04850081 core:CurrentFinancialInstruments core:WithinOneYear 2022-09-30 04850081 core:Non-currentFinancialInstruments core:AfterOneYear 2022-09-30 04850081 core:FurnitureFittings 2022-09-30 04850081 core:MotorVehicles 2022-09-30 04850081 core:PlantMachinery 2022-09-30 iso4217:GBP xbrli:pure

Registration number: 04850081

Chris Gallimore Limited

Unaudited Financial Statements

for the Year Ended 30 September 2023

 

Chris Gallimore Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

Chris Gallimore Limited

(Registration number: 04850081)
Balance Sheet as at 30 September 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

15,329

19,187

Current assets

 

Debtors

5

5,855

3,993

Cash at bank and in hand

 

190

21,173

 

6,045

25,166

Creditors: Amounts falling due within one year

6

(9,479)

(14,562)

Net current (liabilities)/assets

 

(3,434)

10,604

Total assets less current liabilities

 

11,895

29,791

Creditors: Amounts falling due after more than one year

6

(18,000)

(26,000)

Provisions for liabilities

(2,912)

(3,646)

Net (liabilities)/assets

 

(9,017)

145

Capital and reserves

 

Called up share capital

101

101

Profit and loss account

(9,118)

44

Shareholders' (deficit)/funds

 

(9,017)

145

For the financial year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors Report has been taken.

Approved and authorised by the director on 3 April 2024
 

.........................................
Mr Christopher Gallimore
Director

 

Chris Gallimore Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Prospect House
Marlpit Lane
Moddershall
Staffordshire
ST15 8TG

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention. These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. The company meets its day to day working capital requirements through funds provided by the director. The director considers that these facilities will continue to be made available to the company. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments which would result if the going concern basis were not appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of general building and maintenance services. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Chris Gallimore Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

Office equipment

20% reducing balance

Motor vehicles

25% reducing balance

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2022 - 3).

 

Chris Gallimore Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

4

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2022

2,248

27,171

22,000

51,419

Additions

-

950

-

950

Disposals

(933)

(700)

-

(1,633)

At 30 September 2023

1,315

27,421

22,000

50,736

Depreciation

At 1 October 2022

1,753

20,854

9,625

32,232

Charge for the year

94

1,577

3,094

4,765

Eliminated on disposal

(906)

(684)

-

(1,590)

At 30 September 2023

941

21,747

12,719

35,407

Carrying amount

At 30 September 2023

374

5,674

9,281

15,329

At 30 September 2022

495

6,317

12,375

19,187

5

Debtors

2023
£

2022
£

Trade debtors

1,950

2,680

Other debtors

3,905

1,313

5,855

3,993

 

Chris Gallimore Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Loans and borrowings

8,000

8,000

Trade creditors

172

-

Taxation and social security

-

3,797

Other creditors

1,307

2,765

9,479

14,562

Creditors: amounts falling due after more than one year

2023
£

2022
£

Due after one year

Loans and borrowings

18,000

26,000