Caseware UK (AP4) 2022.0.179 2022.0.179 true2true2022-05-01falseproperty investments2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11048064 2022-05-01 2023-04-30 11048064 2023-04-30 11048064 2021-05-01 2022-04-30 11048064 2022-04-30 11048064 c:Director1 2022-05-01 2023-04-30 11048064 d:CurrentFinancialInstruments 2023-04-30 11048064 d:CurrentFinancialInstruments 2022-04-30 11048064 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11048064 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 11048064 d:ShareCapital 2023-04-30 11048064 d:ShareCapital 2022-04-30 11048064 d:RetainedEarningsAccumulatedLosses 2023-04-30 11048064 d:RetainedEarningsAccumulatedLosses 2022-04-30 11048064 c:FRS102 2022-05-01 2023-04-30 11048064 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11048064 c:FullAccounts 2022-05-01 2023-04-30 11048064 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure
Registered number: 11048064













Gidcen Ltd

Financial statements
Information for filing with the registrar

30 April 2023




 
Gidcen Ltd


Balance sheet
At 30 April 2023

2023
2022
Note
£
£

  

Current assets
  

Bank and cash balances
  
-
2,448

  
-
2,448

Creditors: amounts falling due within one year
 4 
(13,611)
(13,839)

Net current liabilities
  
 
 
(13,611)
 
 
(11,391)

Total assets less current liabilities
  
(13,611)
(11,391)

  

Net liabilities
  
(13,611)
(11,391)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(13,711)
(11,491)

Shareholders' funds
  
(13,611)
(11,391)


1

 
Gidcen Ltd

    
Balance sheet (continued)
At 30 April 2023

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 January 2024.




G J B Cottam
Director

Registered number: 11048064
The notes on pages 3 to 4 form part of these financial statements. 

2

 
Gidcen Ltd
 
 

Notes to the financial statements
Year ended 30 April 2023

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 64 Moorcroft Road, Birmingham, B13 8LU, United Kingdom.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
2,461
1,920

Amounts owed to other participating interests
2,389
-

Other creditors
7,369
9,759

Accruals and deferred income
1,392
2,160

13,611
13,839


3

 
Gidcen Ltd
 
 

Notes to the financial statements
Year ended 30 April 2023

5.


Related party transactions

During the year, the company operated on normal commercial terms with Ortho Exclusively Limited. The
amount owed to Ortho Exclusively Limited at 30 April 2023 was £2,389 (2022: £nil due to Ortho Exclusively Limited).

 
4