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Company Registration No. 08457603 (England and Wales)
JDW Gambarini Limited Unaudited accounts for the year ended 31 March 2024
JDW Gambarini Limited Unaudited accounts Contents
Page
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JDW Gambarini Limited Company Information for the year ended 31 March 2024
Director
W D Gambarini
Company Number
08457603 (England and Wales)
Registered Office
74 Taff St Pontypridd CF37 4SU
Accountants
R H Jeffs & Rowe Ltd 27-28 Gelliwastad Road Pontypridd CF37 2BW
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JDW Gambarini Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
98,624 
141,772 
Tangible assets
340,429 
375,979 
439,053 
517,751 
Current assets
Inventories
2,500 
2,500 
Debtors
391,563 
369,279 
Cash at bank and in hand
263,810 
227,125 
657,873 
598,904 
Creditors: amounts falling due within one year
(86,200)
(87,322)
Net current assets
571,673 
511,582 
Total assets less current liabilities
1,010,726 
1,029,333 
Creditors: amounts falling due after more than one year
(34,259)
(39,815)
Net assets
976,467 
989,518 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
976,367 
989,418 
Shareholders' funds
976,467 
989,518 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 July 2024 and were signed on its behalf by
W D Gambarini Director Company Registration No. 08457603
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JDW Gambarini Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
JDW Gambarini Limited is a private company, limited by shares, registered in England and Wales, registration number 08457603. The registered office is 74 Taff St, Pontypridd, CF37 4SU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
SL over 20 years
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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JDW Gambarini Limited Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
402,000 
At 31 March 2024
402,000 
Amortisation
At 1 April 2023
260,228 
Charge for the year
43,148 
At 31 March 2024
303,376 
Net book value
At 31 March 2024
98,624 
At 31 March 2023
141,772 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
263,818 
206,172 
28,314 
4,192 
502,496 
Additions
- 
2,570 
- 
- 
2,570 
At 31 March 2024
263,818 
208,742 
28,314 
4,192 
505,066 
Depreciation
At 1 April 2023
39,605 
71,965 
11,147 
3,800 
126,517 
Charge for the year
13,191 
20,515 
4,316 
98 
38,120 
At 31 March 2024
52,796 
92,480 
15,463 
3,898 
164,637 
Net book value
At 31 March 2024
211,022 
116,262 
12,851 
294 
340,429 
At 31 March 2023
224,213 
134,207 
17,167 
392 
375,979 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
381,338 
364,079 
Accrued income and prepayments
8,025 
3,000 
Other debtors
2,200 
2,200 
391,563 
369,279 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
28,117 
28,060 
Taxes and social security
38,017 
46,253 
Loans from directors
- 
94 
Accruals
20,066 
12,915 
86,200 
87,322 
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JDW Gambarini Limited Notes to the Accounts for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
34,259 
39,815 
9
Transactions with related parties
Debtors include £364,079 due from Joe Gambarini Ltd a company for which Mr W D Gambarini is a director.
10
Average number of employees
During the year the average number of employees was 59 (2023: 55).
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