1 April 2023 v2024.12.1 micro_entity_frs_105_v1_1_1 filingSoftwarefalsetruetruetruefalseNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP071453632023-04-012024-03-31071453632024-03-31071453632023-03-3107145363core:WithinOneYear2023-03-3107145363bus:RegisteredOffice2023-04-012024-03-31071453632022-04-012023-03-3107145363bus:Director12023-04-012024-03-310714536312023-04-012024-03-3107145363countries:EnglandWales2023-04-012024-03-3107145363bus:AuditExemptWithAccountantsReport2023-04-012024-03-3107145363bus:PrivateLimitedCompanyLtd2023-04-012024-03-3107145363bus:Micro-entities2023-04-012024-03-3107145363bus:FullAccounts2023-04-012024-03-31
Company registration number:
07145363
Great British Yarns Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2024
Great British Yarns Limited
Statement of Financial Position
31 March 2024
20242023
££
Fixed assets -  
1,162
 
   
Current assets
2
 
44,169
 
Prepayments and accrued income -  
947
 
Creditors: amounts falling due within one year -  
(47,556
)
Net current assets/(liabilities)
2
 
(2,440
)
Total assets less current liabilities
2
 
(1,278
)
Accruals and deferred income -  
(800
)
Net assets/(liabilities)
2
 
(2,078
)
   
Capital and reserves
2
 
(2,078
)

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
27 Old Gloucester Street
,
London
,
WC1N 3AX
, England.

2 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1.00
).

3 Directors' advances, credit and guarantees

At the year end £2 (2023: CR £44,014) was owed by the directors Ian and Sharon Spencer. the loan comprised unpaid share capital cleared on dissolution of the company post year end.
For the year ending
31 March 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These 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
22 April 2024
, and are signed on behalf of the board by:
I Spencer
Director
Company registration number:
07145363