1 December 2022 false No description of principal activity Taxfiler 2024.5 11669423business:PrivateLimitedCompanyLtd2022-12-012023-11-30 116694232022-11-30 116694232022-12-012023-11-30 11669423business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 11669423business:FilletedAccounts2022-12-012023-11-30 116694232023-11-30 11669423business:Director12022-12-012023-11-30 11669423business:RegisteredOffice2022-12-012023-11-30 116694232022-11-30 11669423core:WithinOneYear2023-11-30 11669423core:WithinOneYear2022-11-30 11669423core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 11669423core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 11669423core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 11669423core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 11669423core:PreviouslyStatedAmount2023-11-30 11669423core:PreviouslyStatedAmount2022-11-30 11669423business:SmallEntities2022-12-012023-11-30 11669423countries:EnglandWales2022-12-012023-11-30 11669423core:PlantMachinery2022-11-30 11669423core:MotorVehicles2022-11-30 11669423core:FurnitureFittings2022-11-30 11669423core:PlantMachinery2023-11-30 11669423core:MotorVehicles2023-11-30 11669423core:FurnitureFittings2023-11-30 11669423core:PlantMachinery2022-12-012023-11-30 11669423core:MotorVehicles2022-12-012023-11-30 11669423core:FurnitureFittings2022-12-012023-11-30 116694232021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 11669423 (England and Wales)
G&L RETAILS LTD Filleted Accounts for the year ended 30 November 2023
G&L RETAILS LTD Filleted Accounts Contents
Page
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G&L RETAILS LTD Company Information for the year ended 30 November 2023
Director
Gedas Rackauskas
Company Number
11669423 (England and Wales)
Registered Office
26 EIGN GATE HEREFORD HEREFORDSHIRE HR4 0AB
Accountants
Klevas Consulting Ltd OneSixSix 166 College Road Harrow Middlesex HA1 1BH
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G&L RETAILS LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
3,172 
Current assets
Inventories
63,900 
54,500 
Debtors
626 
31 
Cash at bank and in hand
3,869 
13,082 
68,395 
67,613 
Creditors: amounts falling due within one year
(74,889)
(79,416)
Net current liabilities
(6,494)
(11,803)
Net liabilities
(6,494)
(8,631)
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
(6,514)
(8,651)
Shareholders' funds
(6,494)
(8,631)
For the year ending 30 November 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 20 August 2024 and were signed on its behalf by
Gedas Rackauskas Director Company Registration No. 11669423
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G&L RETAILS LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
G&L RETAILS LTD is a private company, limited by shares, registered in England and Wales, registration number 11669423. The registered office is 26 EIGN GATE, HEREFORD, HEREFORDSHIRE, HR4 0AB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
12,941 
5,750 
777 
19,468 
At 30 November 2023
12,941 
5,750 
777 
19,468 
Depreciation
At 1 December 2022
10,919 
4,600 
777 
16,296 
Charge for the year
2,022 
1,150 
- 
3,172 
At 30 November 2023
12,941 
5,750 
777 
19,468 
Net book value
At 30 November 2023
- 
- 
- 
- 
At 30 November 2022
2,022 
1,150 
- 
3,172 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
626 
31 
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G&L RETAILS LTD Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
(588)
Trade creditors
15,875 
5,196 
Taxes and social security
(2)
38,627 
Loans from directors
59,016 
36,181 
74,889 
79,416 
7
Average number of employees
During the year the average number of employees was 3 (2022: 2).
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