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REGISTERED NUMBER: 12137613 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

GIGASOUTH LIMITED

GIGASOUTH LIMITED (BY SHARES) (REGISTERED NUMBER: 12137613)






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




Page

Company Information 1

Balance Sheet 2


GIGASOUTH LIMITED (BY SHARES)

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: P R Vine
J D Mathieson





SECRETARY: Ms T A Vine





REGISTERED OFFICE: The Brunswick Room Stanmer House
Stanmer Village
Brighton
East Sussex
BN1 9QA





REGISTERED NUMBER: 12137613 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

GIGASOUTH LIMITED (BY SHARES) (REGISTERED NUMBER: 12137613)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
£    £    £    £   
FIXED ASSETS 20,000 20,000

CURRENT ASSETS 2,925 15,039

CREDITORS
Amounts falling due within one year (14,572 ) (12,868 )
NET CURRENT (LIABILITIES)/ASSETS (11,647 ) 2,171
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,353

22,171

CREDITORS
Amounts falling due after more than one
year

22,970

33,996
NET LIABILITIES (14,617 ) (11,825 )

CAPITAL AND RESERVES (14,617 ) (11,825 )

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2022 - 1 ) .

2. ACCOUNTING BASIS

These financial statements have been prepared on the basis that the company will continue to be a going concern. During the year the company made a loss of £2,792, and as at the year end the current liabilities exceeded current assets by £11,647.

The validity of this basis depends upon the continued support of the company's directors. The directors confirms that they will give the required support.



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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by:



J D Mathieson - Director