Company registration number:
9128399
Gifts Galore Devon Limited
Unaudited filleted financial statements
31 July 2023
GIFTS GALORE DEVON LIMITED
STATEMENT OF FINANCIAL POSITION
31 JULY 2023
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2023 |
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2022 |
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£ |
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£ |
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Fixed assets |
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1,449 |
|
1,724 |
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|
_______ |
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_______ |
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Current assets |
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23,549 |
|
60,925 |
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Creditors: amounts falling due within one year |
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|
(
209,876) |
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(
202,651) |
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_______ |
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_______ |
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Net current liabilities |
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|
(
186,327) |
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(
141,726) |
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_______ |
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_______ |
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Total assets less current liabilities |
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(
184,878) |
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(
140,002) |
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Accruals and deferred income |
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(
1,525) |
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(
1,440) |
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_______ |
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_______ |
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Net liabilities |
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|
(
186,403) |
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(
141,442) |
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_______ |
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_______ |
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Capital and reserves |
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|
(
186,403) |
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(
141,442) |
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_______ |
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_______ |
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Notes to the financial statements
GIFTS GALORE DEVON LIMITED
YEAR ENDED 31 JULY 2023
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2022:
1
).
2.
Directors advances, credits and guarantees
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During the year the director entered into the following advances and credits with the company: |
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2023 |
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Balance brought forward |
Advances /(credits) to the director |
Balance o/standing |
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£ |
£ |
£ |
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|
Director |
(202,535) |
7,341 |
(
209,876) |
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_______ |
_______ |
_______ |
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2022 |
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Balance brought forward |
Advances /(credits) to the director |
Balance o/standing |
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£ |
£ |
£ |
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|
Director |
(
198,981) |
(
3,554) |
(
202,535) |
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_______ |
_______ |
_______ |
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3.
Going concern
The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on the continued support from the company's directors. The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
12 April 2024
, and are signed on behalf of the board by:
Mr R L Stevenson
Director
Company registration number:
9128399
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Netherton Barn, Buckland Monachorum, Yelverton, Devon, PL20 7NL.