Acorah Software Products - Accounts Production 15.0.500 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 05518799 Mr Martin Griffin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05518799 2023-07-31 05518799 2024-07-31 05518799 2023-08-01 2024-07-31 05518799 frs-core:CurrentFinancialInstruments 2024-07-31 05518799 frs-core:PlantMachinery 2024-07-31 05518799 frs-core:PlantMachinery 2023-08-01 2024-07-31 05518799 frs-core:PlantMachinery 2023-07-31 05518799 frs-core:ShareCapital 2024-07-31 05518799 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 05518799 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05518799 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 05518799 frs-bus:SmallEntities 2023-08-01 2024-07-31 05518799 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 05518799 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05518799 frs-bus:Director1 2023-08-01 2024-07-31 05518799 frs-countries:EnglandWales 2023-08-01 2024-07-31 05518799 2022-07-31 05518799 2023-07-31 05518799 2022-08-01 2023-07-31 05518799 frs-core:CurrentFinancialInstruments 2023-07-31 05518799 frs-core:ShareCapital 2023-07-31 05518799 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 05518799
G. B. Welding Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Tasker Osman & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05518799
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,594 2,594
2,594 2,594
CURRENT ASSETS
Stocks 5 8,000 8,000
Cash at bank and in hand 5 5
8,005 8,005
Creditors: Amounts Falling Due Within One Year 6 (23,257 ) (22,795 )
NET CURRENT ASSETS (LIABILITIES) (15,252 ) (14,790 )
TOTAL ASSETS LESS CURRENT LIABILITIES (12,658 ) (12,196 )
NET LIABILITIES (12,658 ) (12,196 )
CAPITAL AND RESERVES
Called up share capital 7 50 50
Profit and Loss Account (12,708 ) (12,246 )
SHAREHOLDERS' FUNDS (12,658) (12,196)
Page 1
Page 2
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Martin Griffin
Director
01/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
G. B. Welding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05518799 . The registered office is Unit 35, Staion Road Industrial Estate, Hailsham, East Sussex, BN27 2ER.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 0
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:0 NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2023 2,594
As at 31 July 2024 2,594
Net Book Value
As at 31 July 2024 2,594
As at 1 August 2023 2,594
5. Stocks
2024 2023
£ £
Materials 8,000 8,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 480 480
Director's loan account 22,777 22,315
23,257 22,795
Page 3
Page 4
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 50 50
Page 4