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REGISTERED NUMBER: 07150627 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 August 2023

for

GDF CONSULTANCY.COM LIMITED

GDF CONSULTANCY.COM LIMITED (REGISTERED NUMBER: 07150627)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GDF CONSULTANCY.COM LIMITED

Company Information
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: J A Gregory





REGISTERED OFFICE: Bath House
6-8 Bath Street
Bristol
BS1 6HL





REGISTERED NUMBER: 07150627 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
6-8 Bath Street
Bristol
BS1 6HL

GDF CONSULTANCY.COM LIMITED (REGISTERED NUMBER: 07150627)

Balance Sheet
31 AUGUST 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 3 14,178 13,253

CURRENT ASSETS
Debtors 4 58,062 36,286
Cash at bank 76,201 59,097
134,263 95,383
CREDITORS
Amounts falling due within one year 5 (90,269 ) (95,483 )
NET CURRENT ASSETS/(LIABILITIES) 43,994 (100 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,172

13,153

CREDITORS
Amounts falling due after more than one
year

6

(49,975

)

(63,757

)

PROVISIONS FOR LIABILITIES (3,545 ) (3,313 )
NET ASSETS/(LIABILITIES) 4,652 (53,917 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 4,651 (53,918 )
SHAREHOLDERS' FUNDS 4,652 (53,917 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

GDF CONSULTANCY.COM LIMITED (REGISTERED NUMBER: 07150627)

Balance Sheet - continued
31 AUGUST 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 August 2024 and were signed by:





J A Gregory - Director


GDF CONSULTANCY.COM LIMITED (REGISTERED NUMBER: 07150627)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2023


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern
The financial statements have been prepared on a going concern basis. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. On this basis, the director has concluded that he can continue to adopt the going concern basis in preparing the financial statements.

Turnover
Turnover represents training and human resource activities provided together with the receipt of grants for the provision of such services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

GDF CONSULTANCY.COM LIMITED (REGISTERED NUMBER: 07150627)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2023


1. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include trade and other debtors, amounts due from group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities, including trade and other creditors and amounts due to group undertakings are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

GDF CONSULTANCY.COM LIMITED (REGISTERED NUMBER: 07150627)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2023


2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 13 ) .

3. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2022 17,389 10,917 9,996 8,587 46,889
Additions - 4,056 - 1,596 5,652
At 31 August 2023 17,389 14,973 9,996 10,183 52,541
DEPRECIATION
At 1 September 2022 13,175 4,835 8,217 7,409 33,636
Charge for year 1,053 2,535 445 694 4,727
At 31 August 2023 14,228 7,370 8,662 8,103 38,363
NET BOOK VALUE
At 31 August 2023 3,161 7,603 1,334 2,080 14,178
At 31 August 2022 4,214 6,082 1,779 1,178 13,253

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 20,228 -
Directors' current accounts 28,287 27,130
Tax 9,547 9,156
58,062 36,286

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,815 7,241
Other loans 1,200 1,200
Trade creditors 2,349 202
Tax 19,237 9,156
Social security and other taxes 56,070 57,691
Other creditors 1,298 16,993
Accrued expenses 3,300 3,000
90,269 95,483

GDF CONSULTANCY.COM LIMITED (REGISTERED NUMBER: 07150627)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2023


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 12,304 17,708
Other loans 37,671 46,049
49,975 63,757

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Other loans 38,871 47,249

The director has given a personal guarantee over the Funding Circle loan.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary 1 1 1

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2023 and 31 August 2022:

2023 2022
£    £   
J A Gregory
Balance outstanding at start of year 27,130 (2,045 )
Amounts advanced 48,107 62,128
Amounts repaid (46,950 ) (32,953 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 28,287 27,130