Company Registration No. 09356296 (England and Wales)
Gdm Traders (uk) Limited
Unaudited accounts
for the year ended 31 December 2023
Gdm Traders (uk) Limited
Unaudited accounts
Contents
Gdm Traders (uk) Limited
Company Information
for the year ended 31 December 2023
Director
HAROON UR RASHEED,
Company Number
09356296 (England and Wales)
Gdm Traders (uk) Limited
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
14,161
9,611
Creditors: amounts falling due within one year
(18,372)
(72,253)
Net current assets
1,039
15,602
Total assets less current liabilities
1,149
15,740
Creditors: amounts falling due after more than one year
(5,416)
(9,675)
Provisions for liabilities
Net (liabilities)/assets
(4,267)
5,933
Called up share capital
100
100
Profit and loss account
(4,367)
5,833
Shareholders' funds
(4,267)
5,933
For the year ending 31 December 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 30 August 2024 and were signed on its behalf by
HAROON UR RASHEED,
Director
Company Registration No. 09356296
Gdm Traders (uk) Limited
Notes to the Accounts
for the year ended 31 December 2023
Gdm Traders (uk) Limited is a private company, limited by shares, registered in England and Wales, registration number 09356296.
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.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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
20% Reducing balance
4
Tangible fixed assets
Plant & machinery
Gdm Traders (uk) Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
-
785
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,260
5,761
Taxes and social security
2,846
2,846
Loans from directors
10,266
5,344
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).