Company Registration No. 07064732 (England and Wales)
Gemba Search Limited
Unaudited accounts
for the year ended 30 November 2023
Gemba Search Limited
Unaudited accounts
Contents
Gemba Search Limited
Company Information
for the year ended 30 November 2023
Company Number
07064732 (England and Wales)
Registered Office
2a Westfield
Newcastle Upon Tyne
Tyne And Wear
NE3 4YE
England
Accountants
Firmin & Associates Ltd
Suite 2007, Fleet House,
Springhead Enterprise Park
Northfleet
Kent
DA11 8HJ
Gemba Search Limited
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
-
6,418
Creditors: amounts falling due within one year
165
(1,875)
Net current assets
165
4,543
Called up share capital
1
1
Profit and loss account
164
4,542
Shareholders' funds
165
4,543
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 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 23 August 2024 and were signed on its behalf by
Carole Hepburn
Director
Company Registration No. 07064732
Gemba Search Limited
Notes to the Accounts
for the year ended 30 November 2023
Gemba Search Limited is a private company, limited by shares, registered in England and Wales, registration number 07064732. The registered office is 2a Westfield, Newcastle Upon Tyne, Tyne And Wear, NE3 4YE, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Taxation represents the sum of tax currently payable and deferred tax.
The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period
Deferred taxation is recognized in respect of all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each accounting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised on tax rates (and tax laws) that have been enacted or substantively enacted the end of the reporting period.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover is recognised when the client agrees that a contract is confirmed.
Gemba Search Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Intangible fixed assets
Other
5
Tangible fixed assets
Computer equipment
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
(165)
1,006
Loans from directors
-
869
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).