1 May 2023 v2024.46.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP132778902023-05-012024-04-30132778902024-04-30132778902023-04-3013277890core:WithinOneYear2024-04-3013277890core:WithinOneYear2023-04-3013277890core:ShareCapital2024-04-3013277890core:ShareCapital2023-04-3013277890core:RetainedEarningsAccumulatedLosses2024-04-3013277890core:RetainedEarningsAccumulatedLosses2023-04-3013277890bus:Director12023-05-012024-04-3013277890bus:RegisteredOffice2023-05-012024-04-3013277890core:OfficeEquipment2023-05-012024-04-30132778902022-05-012023-04-3013277890core:PlantMachinery2024-04-3013277890core:PlantMachinery2023-05-0113277890core:PlantMachinery2023-05-012024-04-3013277890core:PlantMachinery2023-04-301327789012023-05-012024-04-3013277890countries:EnglandWales2023-05-012024-04-3013277890bus:AuditExemptWithAccountantsReport2023-05-012024-04-3013277890bus:PrivateLimitedCompanyLtd2023-05-012024-04-3013277890bus:SmallEntities2023-05-012024-04-3013277890bus:FullAccounts2023-05-012024-04-30
Company registration number:
13277890
Gnowee Limited
Unaudited Filleted Financial Statements for the year ended
30 April 2024
Gnowee Limited
Statement of Financial Position
30 April 2024
20242023
Note££
Fixed assets    
Tangible assets 5
208
 
394
 
Current assets    
Debtors 6
23,896
 
6,073
 
Cash at bank and in hand
118,716
 
74,734
 
142,612
 
80,807
 
Creditors: amounts falling due within one year 7
(60,266
)
(15,963
)
Net current assets
82,346
 
64,844
 
Total assets less current liabilities 82,554   65,238  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
82,454
 
65,138
 
Shareholders funds
82,554
 
65,238
 
For the year ending
30 April 2024
, 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 financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
7 October 2024
, and are signed on behalf of the board by:
Mr L Ashley
Director
Company registration number:
13277890
Gnowee Limited
Notes to the Financial Statements
Year ended
30 April 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Brindley House
,
Brindley Quays
,
Braunston Marina
,
Northamptonshire
,
NN11 7AN
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services supplied, net of Value Added Tax.
Turnover comprises provision of services and is recognised when the services are provided and the company has the right to consideration.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% straight line

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 May 2023
and
30 April 2024
745
 
Depreciation  
At
1 May 2023
351
 
Charge
186
 
At
30 April 2024
537
 
Carrying amount  
At
30 April 2024
208
 
At 30 April 2023
394
 

6 Debtors

20242023
££
Trade debtors
23,896
 
1,800
 
Other debtors -  
4,273
 
23,896
 
6,073
 

7 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
51,135
 
14,667
 
Other creditors
9,131
 
1,296
 
60,266
 
15,963