Company Registration No. 12729316 (England and Wales)
GAB TRANS20 LTD
Unaudited accounts
for the year ended 31 March 2024
GAB TRANS20 LTD
Company Information
for the year ended 31 March 2024
Director
Ciprian Gabriel IVASCU
Company Number
12729316 (England and Wales)
Registered Office
14 NORTH GREEN
SLOUGH
SL1 3RD
ENGLAND
GAB TRANS20 LTD
Statement of financial position
as at 31 March 2024
Intangible assets
10,356
-
Cash at bank and in hand
1,825
4,270
Creditors: amounts falling due within one year
(3,228)
(3,308)
Net current (liabilities)/assets
(1,403)
962
Called up share capital
1
1
Profit and loss account
8,952
961
Shareholders' funds
8,953
962
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 22 July 2024 and were signed on its behalf by
Ciprian Gabriel IVASCU
Director
Company Registration No. 12729316
GAB TRANS20 LTD
Notes to the Accounts
for the year ended 31 March 2024
GAB TRANS20 LTD is a private company, limited by shares, registered in England and Wales, registration number 12729316. The registered office is 14 NORTH GREEN, SLOUGH, SL1 3RD, 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.
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,494
3,051
Loans from directors
734
257
GAB TRANS20 LTD
Notes to the Accounts
for the year ended 31 March 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).