Company Registration No. 07466010 (England and Wales)
GRAVESHAM TROPHY CENTRE LIMITED
Unaudited accounts
for the year ended 31 December 2023
GRAVESHAM TROPHY CENTRE LIMITED
Unaudited accounts
Contents
GRAVESHAM TROPHY CENTRE LIMITED
Company Information
for the year ended 31 December 2023
Company Number
07466010 (England and Wales)
Registered Office
135 SINGLEWELL ROAD
GRAVESEND
KENT
DA11 7QA
Accountants
Full Accounting Services Ltd
Suite 11, 1st Floor Front Studio
Hawley Manor, Hawley Road
Dartford
Kent
DA1 1PX
GRAVESHAM TROPHY CENTRE LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
26,327
46,626
Cash at bank and in hand
2,771
2,180
Creditors: amounts falling due within one year
(39,843)
(18,109)
Net current (liabilities)/assets
(14,072)
9,071
Total assets less current liabilities
12,255
55,697
Creditors: amounts falling due after more than one year
(9,111)
(40,139)
Called up share capital
100
100
Profit and loss account
3,044
15,458
Shareholders' funds
3,144
15,558
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 13 September 2024 and were signed on its behalf by
John GAYMER
Director
Company Registration No. 07466010
GRAVESHAM TROPHY CENTRE LIMITED
Notes to the Accounts
for the year ended 31 December 2023
GRAVESHAM TROPHY CENTRE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07466010. The registered office is 135 SINGLEWELL ROAD, GRAVESEND, KENT, DA11 7QA.
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
25% Straight line
Fixtures & fittings
20% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
15,595
31,933
548
48,076
At 31 December 2023
15,595
32,420
548
48,563
At 1 January 2023
-
1,450
-
1,450
Charge for the year
7,798
12,805
183
20,786
At 31 December 2023
7,798
14,255
183
22,236
At 31 December 2023
7,797
18,165
365
26,327
At 31 December 2022
15,595
30,483
548
46,626
GRAVESHAM TROPHY CENTRE LIMITED
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
15,240
9,000
Taxes and social security
5,335
4,280
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
(28,214)
6,931
7
Average number of employees
During the year the average number of employees was 5 (2022: 5).