Company Registration No. 9614582 (England and Wales)
GAP INTERNALS LTD
Unaudited accounts
for the year ended 31 May 2024
GAP INTERNALS LTD
Unaudited accounts
Contents
GAP INTERNALS LTD
Company Information
for the year ended 31 May 2024
Directors
Geraint James Evans
Paul David Evans
Anthony David Kemble
Company Number
9614582 (England and Wales)
Registered Office
1 THE OAKS
CWMDARE
ABERDARE
CF44 8BZ
WALES
GAP INTERNALS LTD
Statement of financial position
as at 31 May 2024
Tangible assets
13,491
2,394
Investments
258,250
258,250
Cash at bank and in hand
111,737
183,209
Creditors: amounts falling due within one year
(42,866)
(51,022)
Net current assets
184,497
222,394
Total assets less current liabilities
456,238
483,038
Creditors: amounts falling due after more than one year
(10,044)
(1,124)
Provisions for liabilities
Net assets
443,631
481,914
Called up share capital
3
3
Profit and loss account
443,628
481,911
Shareholders' funds
443,631
481,914
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 9 August 2024 and were signed on its behalf by
Paul David Evans
Director
Company Registration No. 9614582
GAP INTERNALS LTD
Notes to the Accounts
for the year ended 31 May 2024
GAP INTERNALS LTD is a private company, limited by shares, registered in England and Wales, registration number 9614582. The registered office is 1 THE OAKS, CWMDARE, ABERDARE, CF44 8BZ, WALES.
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:
4
Tangible fixed assets
Motor vehicles
5
Investments
Other investments
Valuation at 1 June 2023
258,250
Valuation at 31 May 2024
258,250
GAP INTERNALS LTD
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Other debtors
114,792
71,574
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
3,238
2,250
Trade creditors
2,296
5,908
Taxes and social security
29,901
36,964
Other creditors
2,589
2,597
Loans from directors
3,782
2,303
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
10,044
1,124
9
Average number of employees
During the year the average number of employees was 5 (2023: 7).