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REGISTERED NUMBER: 08576046 (England and Wales)











GDB Management Consulting Limited

Unaudited Financial Statements

for the Year Ended 30 June 2023






GDB Management Consulting Limited (Registered number: 08576046)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


GDB Management Consulting Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: G Bancroft





REGISTERED OFFICE: 270 Station Road
Bagworth
Coalville
Leicestershire
LE67 1BN





REGISTERED NUMBER: 08576046 (England and Wales)





ACCOUNTANTS: Haines Watts
6 Charter Point Way
Ashby Business Park
Ashby De La Zouch
Leicestershire
LE65 1NF

GDB Management Consulting Limited (Registered number: 08576046)

Statement of Financial Position
30 June 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Cash at bank 34,293 26,123

CREDITORS
Amounts falling due within one year 6 21,908 18,661
NET CURRENT ASSETS 12,385 7,462
TOTAL ASSETS LESS CURRENT LIABILITIES 12,385 7,462

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 12,384 7,461
SHAREHOLDERS' FUNDS 12,385 7,462

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 November 2023 and were signed by:





G Bancroft - Director


GDB Management Consulting Limited (Registered number: 08576046)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

GDB Management Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparation
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgement, estimates and assumptions about carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

GDB Management Consulting Limited (Registered number: 08576046)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 2,190
DEPRECIATION
At 1 July 2022
and 30 June 2023 2,190
NET BOOK VALUE
At 30 June 2023 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 225 453
Taxation and social security 20,744 16,401
Other creditors 939 1,807
21,908 18,661

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

8. RESERVES
Retained
earnings
£   

At 1 July 2022 7,461
Profit for the year 73,693
Dividends (68,770 )
At 30 June 2023 12,384

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £69,100 were paid to the director .

During the year the director made loans to the company which were interest free and repayable on demand. As at 30 June 2023 the amount outstanding was £19 (2022 - £871).