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REGISTERED NUMBER: 06373939 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

GIG-A-BULL LIMITED

GIG-A-BULL LIMITED (REGISTERED NUMBER: 06373939)






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


GIG-A-BULL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: PAW Milner





REGISTERED OFFICE: 115c Milton Road
Cambridge
Cambridgeshire
CB4 1XE





REGISTERED NUMBER: 06373939 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

GIG-A-BULL LIMITED (REGISTERED NUMBER: 06373939)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,776 12,618

CURRENT ASSETS
Debtors 5 - 545
Cash at bank 4,080 11,249
4,080 11,794
CREDITORS
Amounts falling due within one year 6 5,029 13,308
NET CURRENT LIABILITIES (949 ) (1,514 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,827

11,104

CREDITORS
Amounts falling due after more than one
year

7

11,954

13,779
NET ASSETS/(LIABILITIES) 2,873 (2,675 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,773 (2,775 )
SHAREHOLDERS' FUNDS 2,873 (2,675 )

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 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.

GIG-A-BULL LIMITED (REGISTERED NUMBER: 06373939)

BALANCE SHEET - continued
30 SEPTEMBER 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 April 2024 and were signed by:





PAW Milner - Director


GIG-A-BULL LIMITED (REGISTERED NUMBER: 06373939)

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

1. STATUTORY INFORMATION

Gig-a-Bull 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements include the results of the company's operations all of which are continuing. The financial statements have been prepared on a going concern basis. This may not be appropriate because at 30th September 2023 the company's current liabilities exceeded its current assets by £949 and total liabilities of the company were £16,983. The company is reliant upon the continued support of its director, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided as necessary to enable the company to continue as a going concern.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on 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 1 (2022 - 1 ) .

GIG-A-BULL LIMITED (REGISTERED NUMBER: 06373939)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2022 19,831 10,680 5,044 35,555
Additions 5,199 1,722 - 6,921
Disposals (360 ) - - (360 )
At 30 September 2023 24,670 12,402 5,044 42,116
DEPRECIATION
At 1 October 2022 11,565 7,002 4,370 22,937
Charge for year 2,112 1,254 337 3,703
Eliminated on disposal (300 ) - - (300 )
At 30 September 2023 13,377 8,256 4,707 26,340
NET BOOK VALUE
At 30 September 2023 11,293 4,146 337 15,776
At 30 September 2022 8,266 3,678 674 12,618

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 545

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 4,315 6,193
Other creditors 34 -
Accruals and deferred income 680 7,115
5,029 13,308

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bounce Back Loans 11,305 12,396
Director's loan account 649 1,383
11,954 13,779

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £16,577 (2022 - £36,211) were paid to the director .

9. ULTIMATE CONTROLLING PARTY

The controlling party is P A W Milner by virtue of his 100% ownership of the issued ordinary share capital.