Company Registration No. 11898056 (England and Wales)
Gas2o Ltd
Unaudited accounts
for the year ended 31 March 2024
Gas2o Ltd
Unaudited accounts
Contents
Gas2o Ltd
Company Information
for the year ended 31 March 2024
Director
SIMS, Kathryn Lian
Company Number
11898056 (England and Wales)
Gas2o Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
114,703
79,352
Cash at bank and in hand
20,164
91,634
Creditors: amounts falling due within one year
(39,452)
(35,967)
Net current assets
164,712
171,298
Total assets less current liabilities
279,415
250,650
Creditors: amounts falling due after more than one year
(15,185)
(25,833)
Net assets
264,230
224,817
Called up share capital
1
1
Profit and loss account
264,229
224,816
Shareholders' funds
264,230
224,817
For the year ending 31 March 2024 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 10 October 2024 and were signed on its behalf by
SIMS, Kathryn Lian
Director
Company Registration No. 11898056
Gas2o Ltd
Notes to the Accounts
for the year ended 31 March 2024
Gas2o Ltd is a private company, limited by shares, registered in England and Wales, registration number 11898056.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
101,136
4,599
2,942
108,677
Additions
74,935
-
-
74,935
Disposals
(33,923)
-
-
(33,923)
At 31 March 2024
142,148
4,599
2,942
149,689
At 1 April 2023
23,326
4,599
1,400
29,325
Charge for the year
12,669
-
308
12,977
On disposals
(7,316)
-
-
(7,316)
At 31 March 2024
28,679
4,599
1,708
34,986
At 31 March 2024
113,469
-
1,234
114,703
At 31 March 2023
77,810
-
1,542
79,352
Amounts falling due within one year
Trade debtors
184,000
115,631
Gas2o Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,648
10,000
Taxes and social security
25,225
40,737
Loans from directors
117
(1,406)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).