2023-06-01 08088896 2024-05-31 08088896 2023-06-01 2024-05-31 08088896 2023-05-31 08088896 2022-06-01 2023-05-31 08088896 uk-core:WithinOneYear 2023-05-31 08088896 uk-core:WithinOneYear 2024-05-31 08088896 uk-core:ShareCapital 2024-05-31 08088896 uk-core:ShareCapital 2023-05-31 08088896 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 08088896 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 08088896 uk-bus:Director1 2023-06-01 2024-05-31 08088896 uk-core:ComputerEquipment 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure 08088896 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 08088896 uk-bus:FRS102 2023-06-01 2024-05-31 08088896 uk-bus:FullAccounts 2023-06-01 2024-05-31 08088896 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Stuart Gilbert Limited
Registered Number:08088896
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Stuart Gilbert Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08088896
As at 31 May 2024
Stuart Gilbert Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
531
268
2
531
268
Current assets
Inventories
1,500
1,500
3
Trade and other receivables
1,127
-
4
15,623
Cash and cash equivalents
18,875
20,375
18,250
Trade and other payables: amounts falling due within one
year
(17,295)
(19,342)
5
955
1,033
Net current assets
Total assets less current liabilities
1,564
1,223
1,564
Net assets
1,223
Capital and reserves
Called up share capital
100
100
Retained earnings
1,464
1,123
1,564
1,223
Shareholders' funds
For the year ended 31 May 2024 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Stuart Gilbert Director
These financial statements were approved and authorised for issue by the Board on 26 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2024
Stuart Gilbert Limited
Notes to the Financial Statements
Statutory Information
Stuart Gilbert Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08088896.
Registered address:
The Oast Emr Centre
New Road
East Malling
Kent
ME19 6BJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes relating to land rover repairs.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Reducing balance
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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5
For the year ended 31 May 2024
Stuart Gilbert Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 June 2023
10,317
396
Additions
At 31 May 2024
10,713
Provision for depreciation and impairment
At 01 June 2023
10,049
Charge for year
133
At 31 May 2024
10,182
At 31 May 2024
Net book value
531
At 31 May 2023
268
3. Inventories
2023
2024
£
£
Stocks
1,500
1,500
4. Trade and other receivables
2023
2024
£
£
Trade debtors
-
1,127
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
3,345
2,437
Taxation and social security
9,016
5,345
Other creditors
6,981
9,513
19,342
17,295
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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