GUILDFORD DIOCESAN SERVICES LIMITED

Company Registration Number:
07684591 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

GUILDFORD DIOCESAN SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

GUILDFORD DIOCESAN SERVICES LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

The company’s activities are principally the provision of building, consultancy and training services to schools.



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Stephen Roberts
Malcolm Twigger-Ross


Secretary Malcolm Twigger-Ross

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 September 2024

And signed on behalf of the board by:
Name: Stephen Roberts
Status: Director

GUILDFORD DIOCESAN SERVICES LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 210,102 225,227
Cost of sales: ( 105,352 ) ( 146,219 )
Gross profit(or loss): 104,750 79,008
Distribution costs: 0 0
Administrative expenses: ( 7,609 ) ( 9,947 )
Other operating income: 0 0
Operating profit(or loss): 97,141 69,061
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 97,141 69,061
Tax: 0 0
Profit(or loss) for the financial year: 97,141 69,061

GUILDFORD DIOCESAN SERVICES LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 86,485 34,748
Cash at bank and in hand: 50,409 107,666
Investments:   0 0
Total current assets: 136,894 142,414
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 46,829 ) ( 73,352 )
Net current assets (liabilities): 90,065 69,062
Total assets less current liabilities: 90,065 69,062
Total net assets (liabilities): 90,065 69,062
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 90,064 69,061
Total Shareholders' funds: 90,065 69,062

The notes form part of these financial statements

GUILDFORD DIOCESAN SERVICES LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 4 September 2024
and signed on behalf of the board by:

Name: Malcolm Twigger-Ross
Status: Director

The notes form part of these financial statements

GUILDFORD DIOCESAN SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised. Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: -the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the contract; -the stage of completion of the contract at the end of the reporting period can be measured reliably; and -the costs incurred and the costs to complete the contract can be measured reliably.

    Other accounting policies

    Debtors Short term debtors are measured at transaction price, less any impairment. Cash and cash equivalents Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. Financial instruments The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. Creditors Short term creditors are measured at the transaction price.

GUILDFORD DIOCESAN SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 2

GUILDFORD DIOCESAN SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

2023 2022
£ £
Trade debtors 41,437 22,653
Prepayments and accrued income 43,988 12,095
Other debtors 1,060 0
Total 86,485 34,748
Debtors due after more than one year: 0 0

GUILDFORD DIOCESAN SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 8,541 17,466
Taxation and social security 829 4,111
Accruals and deferred income 37,411 45,330
Other creditors 48 6,445
Total 46,829 73,352