1 October 2022 false No description of principal activity Taxfiler 2024.5 12198523business:PrivateLimitedCompanyLtd2022-10-012023-09-30 121985232022-09-30 121985232022-10-012023-09-30 12198523business:AuditExemptWithAccountantsReport2022-10-012023-09-30 12198523business:FilletedAccounts2022-10-012023-09-30 121985232023-09-30 12198523business:Director12022-10-012023-09-30 12198523business:RegisteredOffice2022-10-012023-09-30 121985232022-09-30 12198523core:WithinOneYear2023-09-30 12198523core:WithinOneYear2022-09-30 12198523core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 12198523core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 12198523core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 12198523core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 12198523core:PreviouslyStatedAmount2023-09-30 12198523core:PreviouslyStatedAmount2022-09-30 12198523business:SmallEntities2022-10-012023-09-30 12198523countries:EnglandWales2022-10-012023-09-30 12198523core:PlantMachinery2022-10-012023-09-30 12198523core:MotorVehicles2022-10-012023-09-30 12198523core:IntangibleAssetsOtherThanGoodwill2022-09-30 12198523core:IntangibleAssetsOtherThanGoodwill2023-09-30 12198523core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-30 12198523core:PlantMachinery2022-09-30 12198523core:MotorVehicles2022-09-30 12198523core:PlantMachinery2023-09-30 12198523core:MotorVehicles2023-09-30 121985232021-10-012022-09-30 iso4217:GBP xbrli:pure
Company Registration No. 12198523 (England and Wales)
GUGU GLOBAL Ltd Unaudited accounts for the year ended 30 September 2023
GUGU GLOBAL Ltd Unaudited accounts Contents
Page
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GUGU GLOBAL Ltd Company Information for the year ended 30 September 2023
Director
Yun To
Company Number
12198523 (England and Wales)
Registered Office
West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX England
Accountants
GIA Foley & Co West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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GUGU GLOBAL Ltd Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
347 
577 
Tangible assets
12,294 
16,775 
12,641 
17,352 
Current assets
Inventories
60,000 
60,000 
Debtors
99,363 
136,220 
Cash at bank and in hand
108,658 
99,992 
268,021 
296,212 
Creditors: amounts falling due within one year
(172,085)
(135,700)
Net current assets
95,936 
160,512 
Net assets
108,577 
177,864 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
108,576 
177,863 
Shareholders' funds
108,577 
177,864 
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 her 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 27 August 2024 and were signed on its behalf by
Yun To Director Company Registration No. 12198523
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GUGU GLOBAL Ltd Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
GUGU GLOBAL Ltd is a private company, limited by shares, registered in England and Wales, registration number 12198523. The registered office is West Clayton Business Centre, Berry Lane, Chorleywood, Hertfordshire, WD3 5EX, 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.
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:
Plant & machinery
4 years straight line
Motor vehicles
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 October 2022
1,148 
At 30 September 2023
1,148 
Amortisation
At 1 October 2022
571 
Charge for the year
230 
At 30 September 2023
801 
Net book value
At 30 September 2023
347 
At 30 September 2022
577 
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GUGU GLOBAL Ltd Notes to the Accounts for the year ended 30 September 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2022
16,010 
9,000 
25,010 
Additions
718 
- 
718 
At 30 September 2023
16,728 
9,000 
25,728 
Depreciation
At 1 October 2022
4,995 
3,240 
8,235 
Charge for the year
4,047 
1,152 
5,199 
At 30 September 2023
9,042 
4,392 
13,434 
Net book value
At 30 September 2023
7,686 
4,608 
12,294 
At 30 September 2022
11,015 
5,760 
16,775 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
42,202 
13,391 
Other debtors
57,161 
122,829 
99,363 
136,220 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
26,185 
305 
Trade creditors
111,209 
70,651 
Taxes and social security
23,080 
39,344 
Other creditors
7,898 
25,400 
Accruals
3,713 
- 
172,085 
135,700 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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