Company Registration No. 12164969 (England and Wales)
G And G Travel (Melton Mowbray) Ltd
Unaudited accounts
for the year ended 31 August 2023
G And G Travel (Melton Mowbray) Ltd
Unaudited accounts
Contents
G And G Travel (Melton Mowbray) Ltd
Company Information
for the year ended 31 August 2023
Directors
John Hill
Gemma Hill
Company Number
12164969 (England and Wales)
G And G Travel (Melton Mowbray) Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
452,700
383,368
Cash at bank and in hand
26,287
(49,353)
Creditors: amounts falling due within one year
(416,090)
(428,198)
Net current liabilities
(144,342)
(318,616)
Total assets less current liabilities
308,358
64,752
Creditors: amounts falling due after more than one year
(206,605)
21,517
Called up share capital
2
2
Profit and loss account
101,751
86,267
Shareholders' funds
101,753
86,269
For the year ending 31 August 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 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 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 of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by
John Hill
Director
Company Registration No. 12164969
G And G Travel (Melton Mowbray) Ltd
Notes to the Accounts
for the year ended 31 August 2023
G And G Travel (Melton Mowbray) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12164969.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2022
59,111
412,539
5,090
1,196
477,936
Additions
-
216,550
-
-
216,550
At 31 August 2023
59,111
629,089
5,090
1,196
694,486
At 1 September 2022
8,858
84,383
1,088
239
94,568
Charge for the year
10,051
136,176
800
191
147,218
At 31 August 2023
18,909
220,559
1,888
430
241,786
At 31 August 2023
40,202
408,530
3,202
766
452,700
At 31 August 2022
50,253
328,156
4,002
957
383,368
G And G Travel (Melton Mowbray) Ltd
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Trade debtors
169,621
65,621
Amounts due from group undertakings etc.
50,736
44,463
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,594
-
Obligations under finance leases and hire purchase contracts
100,168
-
Trade creditors
102,954
220,587
Taxes and social security
4,787
-
Loans from directors
165,896
206,372
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
188,865
(70,689)
8
Average number of employees
During the year the average number of employees was 16 (2022: 0).