Company Registration No. 11150874 (England and Wales)
Gurutech Limited
Unaudited accounts
for the year ended 31 January 2024
Gurutech Limited
Unaudited accounts
Contents
Gurutech Limited
Company Information
for the year ended 31 January 2024
Directors
Sha Shadan Muhammad
Mandeep Singh Flora
Company Number
11150874 (England and Wales)
Registered Office
7 BENNETTS CASTLE LANE
BENNETTS CASTLE LANE
DAGENHAM
ESSEX
RM8 3XX
UNITED KINGDOM
Gurutech Limited
Statement of financial position
as at 31 January 2024
Tangible assets
8,873
16,279
Cash at bank and in hand
363
1,012
Creditors: amounts falling due within one year
(7,400)
(6,800)
Net current liabilities
(6,983)
(4,850)
Total assets less current liabilities
1,890
11,429
Creditors: amounts falling due after more than one year
(82,449)
(67,138)
Net liabilities
(80,559)
(55,709)
Called up share capital
1
1
Profit and loss account
(80,560)
(55,710)
Shareholders' funds
(80,559)
(55,709)
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by
Mandeep Singh Flora
Director
Company Registration No. 11150874
Gurutech Limited
Notes to the Accounts
for the year ended 31 January 2024
Gurutech Limited is a private company, limited by shares, registered in England and Wales, registration number 11150874. The registered office is 7 BENNETTS CASTLE LANE, BENNETTS CASTLE LANE, DAGENHAM, ESSEX, RM8 3XX, UNITED KINGDOM.
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:
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
7,350
23,708
31,058
At 31 January 2024
7,350
23,708
31,058
At 1 February 2023
1,470
13,309
14,779
Charge for the year
1,470
5,936
7,406
At 31 January 2024
2,940
19,245
22,185
At 31 January 2024
4,410
4,463
8,873
At 31 January 2023
5,880
10,399
16,279
Gurutech Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,500
6,500
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
53,849
23,538
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).