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Company Registration No. 04820388 (England and Wales)
GAS RITE UK LIMITED Unaudited accounts for the year ended 31 March 2023
GAS RITE UK LIMITED Unaudited accounts Contents
Page
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GAS RITE UK LIMITED Company Information for the year ended 31 March 2023
Director
NIGEL CORLESS
Company Number
04820388 (England and Wales)
Registered Office
16 FERN BANK CLOSE STALYBRIDGE SK15 2RZ
Accountants
Sara Armitage Greystones Pike Law Road Golcar Huddersfield HD7 4NL
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GAS RITE UK LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,911 
5,215 
Current assets
Cash at bank and in hand
38,202 
32,212 
Creditors: amounts falling due within one year
(22,952)
(18,699)
Net current assets
15,250 
13,513 
Total assets less current liabilities
19,161 
18,728 
Creditors: amounts falling due after more than one year
(4,083)
(5,242)
Net assets
15,078 
13,486 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
15,076 
13,484 
Shareholders' funds
15,078 
13,486 
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 14 November 2023 and were signed on its behalf by
NIGEL CORLESS Director Company Registration No. 04820388
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GAS RITE UK LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
GAS RITE UK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04820388. The registered office is 16 FERN BANK CLOSE, STALYBRIDGE, SK15 2RZ.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
25%
Computer equipment
25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
1,700 
9,000 
1,355 
12,055 
At 31 March 2023
1,700 
9,000 
1,355 
12,055 
Depreciation
At 1 April 2022
1,572 
3,938 
1,330 
6,840 
Charge for the year
32 
1,265 
7 
1,304 
At 31 March 2023
1,604 
5,203 
1,337 
8,144 
Net book value
At 31 March 2023
96 
3,797 
18 
3,911 
At 31 March 2022
128 
5,062 
25 
5,215 
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GAS RITE UK LIMITED Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
6,543 
7,103 
Other creditors
706 
706 
Loans from directors
15,703 
10,890 
22,952 
18,699 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
4,083 
5,242 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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