2022-07-01 2023-06-30 09108410 GMW Enterprise Limited false 09108410 2022-07-01 2023-06-30 09108410 uk-bus:Director1 2022-07-01 2023-06-30 09108410 uk-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 09108410 uk-bus:SmallEntities 2022-07-01 2023-06-30 09108410 uk-bus:FullAccounts 2022-07-01 2023-06-30 09108410 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 09108410 2022-07-01 09108410 2023-06-30 09108410 2022-06-30 xbrli:pure iso4217:GBP 09108410 2021-07-01 2022-06-30
Company Registration Number : 09108410 (England and Wales)
09108410
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-06-30
false
GMW Enterprise Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-07-01
GMW Enterprise Limited
Unaudited filleted financial statements
For the year ended 30 June 2023
GMW Enterprise Limited
Contents
For the year ended 30 June 2023

CONTENTS PAGE
Company Information 3
Directors' Report 4
Statement of Financial Position 5
Notes to the Financial Statements 6 - 7


GMW Enterprise Limited
Company Information
For the year ended 30 June 2023

Company registration number 09108410 (England and Wales)
Directors Glen Wood
Belinda Wood
Registered office address 35 Longwood Road
Wakefield
WF3 1UG
Accountant Root Accountants Ltd
Chartered Management Accountants
Sandown House
LS22 7DN
GMW Enterprise Limited
Directors' Report
For the year ended 30 June 2023

The directors present their report and the Unaudited Financial Statements for the year ended 30 June 2023.
Principal activity
The principal activity of the company continued to be that of Other letting and operating of own or leased real estate and Other human health activities.
Directors of the company
The following directors held office during the whole of the period:
Belinda Wood
Glen Wood
Statement of directors' responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare such financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), FRS 105

Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to;

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent; and
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions for small companies within Part 15 of the Companies Act 2006.
Approved by the Board of directors and signed on its behalf by:
Glen Wood (Director)
Date: 04 January 2024
This report was approved by the board on 2024-01-04 Date: 04 January 2024

4
GMW Enterprise Limited
Statement of Financial Position
For the year ended 30 June 2023

2023 2022
Notes £ £
Fixed assets
Investment Property 312,039 312,039
7 312,039 312,039
Current assets
Debtors 3,750 3,000
Cash and cash equivalents 1,009 14,542
4,759 17,542
Current liabilities
Creditors: Amounts falling due within one year (59,113) (78,375)
(59,113) (78,375)
Net current (liabilities)/assets (54,354) (60,833)
Total assets less current liabilities 257,685 251,206
Non-current liabilities
Creditors: Amounts falling due after more than one year (221,300) (221,300)
Net assets/(liabilities) 36,385 29,906
Capital and reserves
Called up share capital 6 100 100
Retained earnings 36,285 29,806
Shareholder's funds 36,385 29,906
For the year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 04 January 2024
.............................
Glen Wood (Director)
Company registration number: 09108410
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-06-30 30 June 2023
2023 2022
£ £
Fixed Assets 312,039 312,039
Current Assets 4,759 17,542
Creditors: amounts falling due within one year (59,113) (78,375)
Net current assets (liabilities) (54,354) (60,833)
Total assets less current liabilities 257,685 251,206
CREDITORS: Amounts falling due more than one year (221,300) (221,300)
Net Assets (liabilities) 36,385 29,906
Capital and Reserves 36,385 29,906
For the year ending 6/30/2023 the company was entitled to exemption 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. For the year ending 30-06-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 04 January 2024 2024-01-04 and signed on behalf of the board,
.............................
Glen Wood
Director
Company registration number: 09108410
GMW Enterprise Limited
Notes to the Financial Statements
For the year ended 30 June 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 35 Longwood Road, Wakefield, WF3 1UG.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Tangible Fixed Assets and Depreciation
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment
Motor Cars
Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

(4) Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances

(5) Employees
During the year, the average number of employees including director was 1 (2022 : 1).

(6) Share capital and reserves
Alloted,called up and fully paid: 2023 2022
£ £
100 (2022 : 100) Allotted, Called up and fully paid of £ 1 each100100
100 100
Retained earnings 2023
£
At 1 July 2022 29,806
Profit of the year 6,479
At 30 June 2023 36,285

(7) Fixed assets
Investments
Property
£
Cost
As at 01 July 2022312,039
As at 30 June 2023312,039
Depreciation/Amortisation
As at 30 June 2023-
Net book value
As at 30 June 2023312,039
As at 30 June 2022312,039