Company Registration No. 12821199 (England and Wales)
Gus & Bella Ltd
Unaudited accounts
for the year ended 31 March 2024
Gus & Bella Ltd
Unaudited accounts
Contents
Gus & Bella Ltd
Company Information
for the year ended 31 March 2024
Company Number
12821199 (England and Wales)
Registered Office
17 Branksea Avenue
Poole
BH15 4DW
England
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Gus & Bella Ltd
Accountants' report
Accountants' report to the director of Gus & Bella Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Gus & Bella Ltd for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Gus & Bella Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Gus & Bella Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gus & Bella Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Gus & Bella Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Gus & Bella Ltd. You consider that Gus & Bella Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Gus & Bella Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
18 July 2024
Gus & Bella Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
3,241
4,321
Cash at bank and in hand
48,086
42,158
Creditors: amounts falling due within one year
(51,227)
(45,840)
Net current liabilities
(3,141)
(3,682)
Called up share capital
100
100
Profit and loss account
-
539
Shareholders' funds
100
639
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 18 July 2024 and were signed on its behalf by
Emily Mcmahon
Director
Company Registration No. 12821199
Gus & Bella Ltd
Notes to the Accounts
for the year ended 31 March 2024
Gus & Bella Ltd is a private company, limited by shares, registered in England and Wales, registration number 12821199. The registered office is 17 Branksea Avenue, Poole, BH15 4DW, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
2,960
2,516
5,476
At 31 March 2024
2,960
2,516
5,476
At 1 April 2023
618
537
1,155
Charge for the year
585
495
1,080
At 31 March 2024
1,203
1,032
2,235
At 31 March 2024
1,757
1,484
3,241
At 31 March 2023
2,342
1,979
4,321
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
19,152
17,565
Loans from directors
30,567
26,926
Gus & Bella Ltd
Notes to the Accounts
for the year ended 31 March 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(26,926)
28,957
32,598
(30,567)
(26,926)
28,957
32,598
(30,567)
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).