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REGISTERED NUMBER: 04686301 (England and Wales)














COLIN GUNNING LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2024 TO 30 SEPTEMBER 2024






COLIN GUNNING LIMITED (REGISTERED NUMBER: 04686301)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 APRIL 2024 TO 30 SEPTEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

COLIN GUNNING LIMITED

COMPANY INFORMATION
for the Period 1 APRIL 2024 TO 30 SEPTEMBER 2024







DIRECTORS: Ms K Gunning
C Gunning





SECRETARY:





REGISTERED OFFICE: 32 Malvern Close
Sleaford
Lincolnshire
NG34 7RA





REGISTERED NUMBER: 04686301 (England and Wales)





ACCOUNTANTS: Brindley Jacob
Chartered Accountants
167 Turners Hill
Cheshunt
Hertfordshire
EN8 9BH

COLIN GUNNING LIMITED (REGISTERED NUMBER: 04686301)

ABRIDGED BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 - 3,978

CURRENT ASSETS
Inventories - 388
Cash at bank 5,257 93,699
5,257 94,087
CREDITORS
Amounts falling due within one year 5,154 51,093
NET CURRENT ASSETS 103 42,994
TOTAL ASSETS LESS CURRENT
LIABILITIES

103

46,972

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3 46,872
103 46,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

COLIN GUNNING LIMITED (REGISTERED NUMBER: 04686301)

ABRIDGED BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 October 2024 and were signed on its behalf by:





C Gunning - Director


COLIN GUNNING LIMITED (REGISTERED NUMBER: 04686301)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 APRIL 2024 TO 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Colin Gunning Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance and 20% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 4 ) .

COLIN GUNNING LIMITED (REGISTERED NUMBER: 04686301)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 APRIL 2024 TO 30 SEPTEMBER 2024

4. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1 April 2024 11,597
Disposals (11,597 )
At 30 September 2024 -
DEPRECIATION
At 1 April 2024 7,619
Eliminated on disposal (7,619 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 31 March 2024 3,978

COLIN GUNNING LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
COLIN GUNNING LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 30 September 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Brindley Jacob
Chartered Accountants
167 Turners Hill
Cheshunt
Hertfordshire
EN8 9BH


Date: .............................................