Company Registration No. 10805130 (England and Wales)
G59 Projects Ltd
Unaudited accounts
for the year ended 30 June 2023
G59 Projects Ltd
Unaudited accounts
Contents
G59 Projects Ltd
Company Information
for the year ended 30 June 2023
Directors
N R Green
N Green
Company Number
10805130 (England and Wales)
Registered Office
Unit 13
Brooks Lane Industrial Estate
Brooks Lane
Middlewich
Cheshire
CW10 0JH
England
G59 Projects Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
34,407
5,566
Cash at bank and in hand
179,194
66,031
Creditors: amounts falling due within one year
(297,191)
(239,038)
Net current (liabilities)/assets
(5,606)
2,810
Called up share capital
100
100
Profit and loss account
28,701
8,276
Shareholders' funds
28,801
8,376
For the year ending 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 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 of Directors and authorised for issue on 5 March 2024 and were signed on its behalf by
N R Green
Director
Company Registration No. 10805130
G59 Projects Ltd
Notes to the Accounts
for the year ended 30 June 2023
G59 Projects Ltd is a private company, limited by shares, registered in England and Wales, registration number 10805130. The registered office is Unit 13, Brooks Lane Industrial Estate, Brooks Lane, Middlewich, Cheshire, CW10 0JH, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
-
4,540
5,067
9,607
Additions
5,217
19,413
9,374
34,004
Disposals
-
(4,540)
-
(4,540)
At 30 June 2023
5,217
19,413
14,441
39,071
At 1 July 2022
-
1,816
2,225
4,041
Charge for the year
16
324
2,099
2,439
On disposals
-
(1,816)
-
(1,816)
At 30 June 2023
16
324
4,324
4,664
At 30 June 2023
5,201
19,089
10,117
34,407
At 30 June 2022
-
2,724
2,842
5,566
G59 Projects Ltd
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
87,604
91,167
Other debtors
24,787
84,650
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
73,700
77,985
Trade creditors
73,877
57,891
Taxes and social security
48,024
36,368
Other creditors
2,450
1,919
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Average number of employees
During the year the average number of employees was 5 (2022: 2).