Company Registration No. 03218491 (England and Wales)
GENERALDIRECT LIMITED
Unaudited accounts
for the year ended 30 November 2023
GENERALDIRECT LIMITED
Unaudited accounts
Contents
GENERALDIRECT LIMITED
Company Information
for the year ended 30 November 2023
Company Number
03218491 (England and Wales)
Registered Office
4 Stansfield Grove
Kenilworth
Warwickshire
CV8 2SB
England
GENERALDIRECT LIMITED
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
420
4,220
Creditors: amounts falling due within one year
-
(225)
Net current assets
89,406
130,200
Net assets
139,734
180,528
Called up share capital
1
1
Profit and loss account
139,733
180,527
Shareholders' funds
139,734
180,528
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 his 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 28 August 2024 and were signed on its behalf by
RJ Knibbs
Director
Company Registration No. 03218491
GENERALDIRECT LIMITED
Notes to the Accounts
for the year ended 30 November 2023
GENERALDIRECT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03218491. The registered office is 4 Stansfield Grove, Kenilworth, Warwickshire, CV8 2SB, 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.
Turnover is measured by the fair value of the consideration received or receivable under the terms of contracts within the accounting period.
Investments in shares are included at fair value.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
GENERALDIRECT LIMITED
Notes to the Accounts
for the year ended 30 November 2023
5
Investments
Subsidiary undertakings
Valuation at 1 December 2022
50,000
Valuation at 30 November 2023
50,000
The Company has a 100% holding in Generaldirect Finance Limited, a UK registered trading company
Amounts falling due within one year
Trade debtors
14,817
40,255
Amounts due from group undertakings etc.
74,169
44,250
7
Investments held as current assets
2023
2022
Listed investments
-
29,600
8
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
225
9
Transactions with related parties
The Company pays rent to the Shareholder for use of offices
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).