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REGISTERED NUMBER: 08194231 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

MICHAEL GAUNT LIMITED

MICHAEL GAUNT LIMITED (REGISTERED NUMBER: 08194231)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MICHAEL GAUNT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: Mr M E Gaunt
Mrs A Gaunt





REGISTERED OFFICE: Rex Buildings
Alderley Road
Wilmslow
Cheshire
SK9 1HY





REGISTERED NUMBER: 08194231 (England and Wales)

MICHAEL GAUNT LIMITED (REGISTERED NUMBER: 08194231)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,150 19,079

CURRENT ASSETS
Debtors 5 41,739 51,289
Cash at bank 237,958 313,398
279,697 364,687
CREDITORS
Amounts falling due within one year 6 76,232 103,104
NET CURRENT ASSETS 203,465 261,583
TOTAL ASSETS LESS CURRENT
LIABILITIES

216,615

280,662

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 216,515 280,562
SHAREHOLDERS' FUNDS 216,615 280,662

MICHAEL GAUNT LIMITED (REGISTERED NUMBER: 08194231)

BALANCE SHEET - continued
30 SEPTEMBER 2023


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

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

The directors acknowledge their 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2024 and were signed on its behalf by:




Mr M E Gaunt - Director



Mrs A Gaunt - Director


MICHAEL GAUNT LIMITED (REGISTERED NUMBER: 08194231)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Michael Gaunt 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. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
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. The financial statements have been prepared under the historical cost convention.

RELATED PARTY EXEMPTION
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

TURNOVER
The turnover shown in the profit and loss account represents amount earned during the year and is recognised when the company obtains the right to consideration.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

All fixed assets are initially recorded at cost.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

MICHAEL GAUNT LIMITED (REGISTERED NUMBER: 08194231)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 October 2022 189,887
Additions 1,507
Disposals (6,018 )
At 30 September 2023 185,376
DEPRECIATION
At 1 October 2022 170,808
Charge for year 2,321
Eliminated on disposal (903 )
At 30 September 2023 172,226
NET BOOK VALUE
At 30 September 2023 13,150
At 30 September 2022 19,079

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 34,516 40,988
Company loan 2,000 2,000
Deferred tax asset 5,223 8,117
Prepayments and accrued income - 184
41,739 51,289

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 66,222 66,152
Directors' current accounts 3,025 21,705
Accrued expenses 6,985 15,247
76,232 103,104