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REGISTERED NUMBER: 12785697 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

GREAT ST MARY'S TRADING LTD

GREAT ST MARY'S TRADING LTD (REGISTERED NUMBER: 12785697)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GREAT ST MARY'S TRADING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: R J Summers
Dr F E Cornish



REGISTERED OFFICE: Great St Mary's The University Church
Senate House Hill
Cambridge
Cambridgeshire
CB2 3PQ



REGISTERED NUMBER: 12785697 (England and Wales)



ACCOUNTANTS: Staffords
Chartered Accountants
Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH



BANKERS: The Co-operative Bank
Business Direct
Stockport
WN8 6WT

GREAT ST MARY'S TRADING LTD (REGISTERED NUMBER: 12785697)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,640 11,072

CURRENT ASSETS
Debtors 5 17,449 12,046
Cash at bank 31,222 45,884
48,671 57,930
CREDITORS
Amounts falling due within one year 6 24,885 27,257
NET CURRENT ASSETS 23,786 30,673
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,426

41,745

CREDITORS
Amounts falling due after more than one
year

7

22,461

29,349
NET ASSETS 8,965 12,396

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8,964 12,395
SHAREHOLDERS' FUNDS 8,965 12,396

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

GREAT ST MARY'S TRADING LTD (REGISTERED NUMBER: 12785697)

BALANCE SHEET - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2024 and were signed on its behalf by:





Dr F E Cornish - Director


GREAT ST MARY'S TRADING LTD (REGISTERED NUMBER: 12785697)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Great St Mary's Trading Ltd 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.

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.
Fixtures and fittings - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

GREAT ST MARY'S TRADING LTD (REGISTERED NUMBER: 12785697)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2023
and 31 December 2023 17,156
DEPRECIATION
At 1 January 2023 6,084
Charge for year 3,432
At 31 December 2023 9,516
NET BOOK VALUE
At 31 December 2023 7,640
At 31 December 2022 11,072

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 15,966 10,646
Other debtors 1,483 1,400
17,449 12,046

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 13,003 408
Taxation and social security 3,878 7,120
Other creditors 8,004 19,729
24,885 27,257

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Amounts owed to group undertakings 22,461 29,349

GREAT ST MARY'S TRADING LTD (REGISTERED NUMBER: 12785697)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Great St Mary's 22,461 29,349

This represents a loan from Great St Marys, with interest rate of 1% over base rate, repayable on 31 December 2025 and secured on the fixed assets of Great St Mary's Trading Ltd.

9. ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Party is The PCC of the Ecclesiastical Parish of St Mary the Great, Cambridge