Company Registration No. 12905386 (England and Wales)
Graphics Guru Ltd
Unaudited accounts
for the year ended 30 September 2023
Graphics Guru Ltd
Unaudited accounts
Contents
Graphics Guru Ltd
Company Information
for the year ended 30 September 2023
Company Number
12905386 (England and Wales)
Registered Office
10 Queen Street
Ipswich
Suffolk
IP1 1SS
England
Graphics Guru Ltd
Statement of financial position
as at 30 September 2023
Tangible assets
118,743
759,706
Inventories
147,812
44,710
Cash at bank and in hand
26,717
6,284
Creditors: amounts falling due within one year
(209,858)
(800,129)
Net current liabilities
(9,560)
(715,308)
Total assets less current liabilities
109,183
44,398
Creditors: amounts falling due after more than one year
(43,746)
(53,000)
Net assets/(liabilities)
65,437
(8,602)
Called up share capital
1
1
Profit and loss account
65,436
(8,603)
Shareholders' funds
65,437
(8,602)
For the year ending 30 September 2023 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 1 November 2023 and were signed on its behalf by
Milan Tancos
Director
Company Registration No. 12905386
Graphics Guru Ltd
Notes to the Accounts
for the year ended 30 September 2023
Graphics Guru Ltd is a private company, limited by shares, registered in England and Wales, registration number 12905386. The registered office is 10 Queen Street, Ipswich, Suffolk, IP1 1SS, 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:
4
Tangible fixed assets
Plant & machinery
At 30 September 2023
403,632
Charge for the year
40,363
At 30 September 2023
284,889
At 30 September 2023
118,743
At 30 September 2022
759,706
Amounts falling due within one year
Trade debtors
25,769
33,827
Graphics Guru Ltd
Notes to the Accounts
for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
107,651
100,000
Trade creditors
79,934
234,284
Taxes and social security
21,972
24,264
Other creditors
84,305
297,437
Loans from directors
(49,724)
64,822
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
43,746
53,000
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).