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Company registration number: 04768063
Gravity Design Associates Limited
Unaudited filleted financial statements
31 May 2024
Gravity Design Associates Limited
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Gravity Design Associates Limited
Directors and other information
Director Lisa Hammond
Company number 04768063
Registered office Old Bank Court
Morocco Street
London
SE1 3HB
Gravity Design Associates Limited
Statement of financial position
31 May 2024
2024 2023
£ £ £ £
Fixed assets 5,496 4,842
_______ _______
Current assets 176,765 215,879
Prepayments and accrued income 27,698 5,236
_______ _______
204,463 221,115
Creditors: amounts falling due within one year ( 115,007) ( 134,062)
_______ _______
Net current assets 89,456 87,053
_______ _______
Total assets less current liabilities 94,952 91,895
Accruals and deferred income ( 225) ( 5,126)
_______ _______
Net assets 94,727 86,769
_______ _______
Capital and reserves 94,727 86,769
_______ _______
Notes to the financial statements
Gravity Design Associates Limited
Year ended 31 May 2024
1. Employee numbers
The average number of persons employed by the company during the year amounted to 10 (2023: 9 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Lisa Hammond ( 7) 86,608 ( 76,100) 10,501
_______ _______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Lisa Hammond 5,865 47,628 ( 53,500) ( 7)
_______ _______ _______ _______
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 17 October 2024 , and are signed on behalf of the board by:
Lisa Hammond
Director
Company registration number: 04768063
The company is a private company limited by shares, registered in England & Wales.