Company Registration No. 12367761 (England and Wales)
GE CLOSE OUT SERVICES LTD
Unaudited accounts
for the year ended 31 December 2023
GE CLOSE OUT SERVICES LTD
Unaudited accounts
Contents
GE CLOSE OUT SERVICES LTD
Company Information
for the year ended 31 December 2023
Director
Alexander Rees Clow
Company Number
12367761 (England and Wales)
Registered Office
THE BISCUIT FACTORY BUILDING F, STUDIO 5
100 CLEMENTS RD
LONDON
SE16 4DG
UNITED KINGDOM
Accountants
Relax Tax Limited
5 Central Parade
Station Road
Sidcup
Kent
DA15 7DH
GE CLOSE OUT SERVICES LTD
Statement of financial position
as at 31 December 2023
Tangible assets
2,725
5,047
Cash at bank and in hand
991
3,805
Creditors: amounts falling due within one year
(236,942)
(64,614)
Net current assets
44,881
4,725
Called up share capital
100
100
Profit and loss account
47,506
9,672
Shareholders' funds
47,606
9,772
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 27 August 2024 and were signed on its behalf by
Alexander Rees Clow
Director
Company Registration No. 12367761
GE CLOSE OUT SERVICES LTD
Notes to the Accounts
for the year ended 31 December 2023
GE CLOSE OUT SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 12367761. The registered office is THE BISCUIT FACTORY BUILDING F, STUDIO 5, 100 CLEMENTS RD, LONDON, SE16 4DG, UNITED KINGDOM.
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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
25% reducing balance method
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Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
280,832
65,534
GE CLOSE OUT SERVICES LTD
Notes to the Accounts
for the year ended 31 December 2023
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
149,098
11,000
Taxes and social security
(9,378)
(1,726)
Other creditors
57,655
25,813
Loans from directors
12,482
19,724
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Average number of employees
During the year the average number of employees was 3 (2022: 3).