Company registration number 11683766 (England and Wales)
GIVETOLOCAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 NOVEMBER 2022
PAGES FOR FILING WITH REGISTRAR
GIVETOLOCAL LIMITED
BALANCE SHEET
AS AT 28 NOVEMBER 2022
28 November 2022
- 1 -
28 November 2022
30 November 2021
£
£
£
£
Fixed assets
3,111
4,114
Current assets
40,097
360,310
Creditors: amounts falling due within one year
(24,506)
(32,881)
Net current assets
15,591
327,429
Total assets less current liabilities
18,702
331,543
Creditors: amounts falling due after more than one year
(386,510)
(1,804,724)
Net liabilities
(367,808)
(1,473,181)
Capital and reserves
(367,808)
(1,473,181)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the period was as follows:
2022
2021
Number
Number
Employees
1
4
2
Going concern
At the balance sheet date the company is insolvent with the vast majority of the liabilities owed to the director or other businesses he controls. The director is reviewing options as to what is viable for the business going forward.
3
Intercompany write off
At the date of filing, a company that is also controlled by the director has written off amounts owed from Givetolocal Limited amounting to £1,243,744, on the basis that Givetolocal Limited is unable to pay the liability.
Givetolocal Limited is a private company limited by shares incorporated in England and Wales. The registered office is Level Q, Surtees Business Park, Stockton on Tees, TS18 3HR.
For the period ended 28 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
GIVETOLOCAL LIMITED
BALANCE SHEET (CONTINUED)
AS AT 28 NOVEMBER 2022
28 November 2022
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 20 August 2024
Mr D N Gardiner
Director
Company registration number 11683766 (England and Wales)