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
GAS RITE UK LIMITED
Company Information
for the year ended 31 March 2023
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
GAS RITE UK LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
3,911
5,215
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)
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
GAS RITE UK LIMITED
Notes to the Accounts
for the year ended 31 March 2023
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.
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.
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:
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
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
At 31 March 2023
96
3,797
18
3,911
At 31 March 2022
128
5,062
25
5,215
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
Loans from directors
15,703
10,890
6
Creditors: amounts falling due after more than one year
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).