GABENSAR GLOBAL LTD

Company Registration Number:
12028683 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

GABENSAR GLOBAL LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

GABENSAR GLOBAL LTD

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 20,893 13,903
Total fixed assets: 20,893 13,903
Current assets
Debtors:   392,750 168,627
Cash at bank and in hand: 28,553 29,330
Total current assets: 421,303 197,957
Creditors: amounts falling due within one year:   (330,648) (174,292)
Net current assets (liabilities): 90,655 23,665
Total assets less current liabilities: 111,548 37,568
Creditors: amounts falling due after more than one year: 4 (23,300) (33,300)
Provision for liabilities: (3,970) (2,641)
Total net assets (liabilities): 84,278 1,627
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 83,278 627
Shareholders funds: 84,278 1,627

The notes form part of these financial statements

GABENSAR GLOBAL LTD

Balance sheet statements

For the year ending 31 March 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.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 February 2024
and signed on behalf of the board by:

Name: Mrs AZ Boot
Status: Director

The notes form part of these financial statements

GABENSAR GLOBAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

The turnover shown in the profit and loss account represents amounts received and receivable during the year, exclusive of Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost of an asset, net of anticipated disposal proceeds, over the useful economic life of that asset as follows: Fixtures and Fittings - 20% straight line basis.

Other accounting policies

Pension costs - The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year. The assets of the scheme are held separately from those of the company in an independently administered fund.Deferred taxation - Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, where transactions or events have occurred at that date that will result in an obligation to pay more tax, or a right to pay less tax, or a right to receive repayments of tax. Deferred tax is measured on a non-discounted basis at the average tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

GABENSAR GLOBAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 6 4

GABENSAR GLOBAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 19,532
Additions 13,618
At 31 March 2023 33,150
Depreciation
At 01 April 2022 5,629
Charge for year 6,628
At 31 March 2023 12,257
Net book value
At 31 March 2023 20,893
At 31 March 2022 13,903

GABENSAR GLOBAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due after more than one year note

These liabilities all fall due within two to five years from the balance sheet date.