GAMS TRADE LTD

Company Registration Number:
12229783 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

GAMS TRADE LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

GAMS TRADE LTD

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Called up share capital not paid: 1,428,000 714,000
Fixed assets
Intangible assets: 3 125,000 86,000
Tangible assets: 4 3,254,500 2,356,000
Investments: 5 343,000 127,000
Total fixed assets: 3,722,500 2,569,000
Current assets
Stocks: 2,673,200 1,825,900
Debtors:   2,122,560 1,657,600
Cash at bank and in hand: 1,157,890 754,550
Investments:   115,000 38,700
Total current assets: 6,068,650 4,276,750
Creditors: amounts falling due within one year:   (816,780) (824,700)
Net current assets (liabilities): 5,251,870 3,452,050
Total assets less current liabilities: 10,402,370 6,735,050
Creditors: amounts falling due after more than one year:   (61,223) (54,700)
Provision for liabilities: (315,000) (246,700)
Total net assets (liabilities): 10,026,147 6,433,650
Capital and reserves
Called up share capital: 10,026,147 6,433,650
Shareholders funds: 10,026,147 6,433,650

The notes form part of these financial statements

GAMS TRADE LTD

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 October 2024
and signed on behalf of the board by:

Name: Tyrese Haynes Joseph
Status: Director

The notes form part of these financial statements

GAMS TRADE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GAMS TRADE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 91 68

GAMS TRADE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Intangible Assets

Total
Cost £
At 01 October 2023 86,000
Additions 39,000
At 30 September 2024 125,000
Net book value
At 30 September 2024 125,000
At 30 September 2023 86,000

GAMS TRADE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible Assets

Total
Cost £
At 01 October 2023 2,356,000
Additions 898,500
At 30 September 2024 3,254,500
Net book value
At 30 September 2024 3,254,500
At 30 September 2023 2,356,000

GAMS TRADE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Fixed investments

Purchase of commercial property and warehouse units