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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
Page
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Gdm Traders (uk) Limited Company Information for the year ended 31 December 2023
Director
HAROON UR RASHEED,
Company Number
09356296 (England and Wales)
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Gdm Traders (uk) Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
110 
138 
Current assets
Inventories
5,250 
4,889 
Debtors
- 
73,355 
Cash at bank and in hand
14,161 
9,611 
19,411 
87,855 
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
Deferred tax
- 
(132)
Net (liabilities)/assets
(4,267)
5,933 
Capital and reserves
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
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Gdm Traders (uk) Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
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
20% Reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
775 
At 31 December 2023
775 
Depreciation
At 1 January 2023
637 
Charge for the year
28 
At 31 December 2023
665 
Net book value
At 31 December 2023
110 
At 31 December 2022
138 
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Gdm Traders (uk) Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
785 
Other debtors
- 
72,570 
- 
73,355 
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 
Other creditors
- 
50,516 
Loans from directors
10,266 
5,344 
Accruals
1,000 
7,786 
18,372 
72,253 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
5,416 
9,675 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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