6G Retail Limited 08675666 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of wireless telecommunication activity Digita Accounts Production Advanced 6.30.9574.0 true false true 08675666 2023-01-01 2023-12-31 08675666 2023-12-31 08675666 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-12-31 08675666 core:CurrentFinancialInstruments 2023-12-31 08675666 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 08675666 core:FurnitureFittings 2023-12-31 08675666 bus:SmallEntities 2023-01-01 2023-12-31 08675666 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 08675666 bus:FullAccounts 2023-01-01 2023-12-31 08675666 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08675666 bus:RegisteredOffice 2023-01-01 2023-12-31 08675666 bus:Director1 2023-01-01 2023-12-31 08675666 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-01-01 2023-12-31 08675666 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08675666 core:FurnitureFittings 2023-01-01 2023-12-31 08675666 1 2023-01-01 2023-12-31 08675666 countries:England 2023-01-01 2023-12-31 08675666 2022-12-31 08675666 core:FurnitureFittings 2022-12-31 08675666 2022-01-01 2022-12-31 08675666 2022-12-31 08675666 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2022-12-31 08675666 core:CurrentFinancialInstruments 2022-12-31 08675666 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08675666

6G Retail Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

6G Retail Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

6G Retail Limited

(Registration number: 08675666)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Debtors

5

-

600

Cash at bank and in hand

 

1,000

1,000

 

1,000

1,600

Creditors: Amounts falling due within one year

6

(104,347)

(104,947)

Net liabilities

 

(103,347)

(103,347)

Capital and reserves

 

Called up share capital

7

1,000

1,000

Retained earnings

(104,347)

(104,347)

Shareholders' deficit

 

(103,347)

(103,347)

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 24 September 2024
 

.........................................
Mr G A Holden
Director

 

6G Retail Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Ribble House
Ribble Business Park
Blackburn
Lancashire
BB1 5RB
England

These financial statements were authorised for issue by the director on 24 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

25% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

6G Retail Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

 

6G Retail Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

4

Tangible assets

Fixtures and fittings
£

Total
£

Cost or valuation

At 1 January 2023

3,241

3,241

At 31 December 2023

3,241

3,241

Depreciation

At 1 January 2023

3,241

3,241

At 31 December 2023

3,241

3,241

Carrying amount

At 31 December 2023

-

-

5

Debtors

Note

2023
£

2022
£

Amounts owed by related parties

-

600

 

-

600

6

Creditors

2023
£

2022
£

Due within one year

Accruals and deferred income

650

650

Other creditors

103,697

104,297

104,347

104,947

7

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary of £1 each

1,000

1,000

1,000

1,000

       
 

6G Retail Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

8

Parent and ultimate parent undertaking

The company's immediate parent is Ribble Group Limited, incorporated in United Kingdom.

 The ultimate controlling party is Mr Tahir Mohsan.