Company Registration No. 07033001 (England and Wales)
GANT INNOVATIONS LIMITED
Unaudited accounts
for the year ended 30 June 2023
GANT INNOVATIONS LIMITED
Unaudited accounts
Contents
GANT INNOVATIONS LIMITED
Company Information
for the year ended 30 June 2023
Directors
Gail Shaw
Nicholas Shaw
Gail Shaw
Nicholas Shaw
Company Number
07033001 (England and Wales)
Registered Office
C/O ALM ACCOUNTS, OFFICE 10 GREAT NORTH
DARRINGTON
PONTEFRACT
WF8 3HR
ENGLAND
GANT INNOVATIONS LIMITED
Statement of financial position
as at 30 June 2023
Intangible assets
28,862,800
25,412,340
Cash at bank and in hand
40
(1,735)
Creditors: amounts falling due within one year
(685,308)
(1,333,548)
Net current liabilities
(651,337)
(1,274,483)
Total assets less current liabilities
28,211,870
24,138,956
Creditors: amounts falling due after more than one year
(13,750)
(13,750)
Net assets
28,198,120
24,125,206
Called up share capital
477
296
Share premium
3,234,133
2,498,199
Capital contribution reserve
25,000,000
25,000,000
Profit and loss account
(36,490)
(3,373,289)
Shareholders' funds
28,198,120
24,125,206
For the year ending 30 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 directors acknowledge their 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 of Directors and authorised for issue on 11 April 2024 and were signed on its behalf by
Gail Shaw
Director
Company Registration No. 07033001
GANT INNOVATIONS LIMITED
Notes to the Accounts
for the year ended 30 June 2023
GANT INNOVATIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07033001. The registered office is C/O ALM ACCOUNTS, OFFICE 10 GREAT NORTH , DARRINGTON, PONTEFRACT, WF8 3HR, 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 remained unchanged from the previous year, and also 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.
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:
Computer equipment
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
10% Straight Line
4
Intangible fixed assets
Other
At 30 June 2023
29,017,174
At 30 June 2023
28,862,800
At 30 June 2022
25,412,340
GANT INNOVATIONS LIMITED
Notes to the Accounts
for the year ended 30 June 2023
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
25,286
23,173
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
15,834
19,654
Trade creditors
58,977
69,632
Taxes and social security
-
46,142
Loans from directors
610,497
628,470
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).