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Company Registration No. 13937447 (England and Wales)
Gaia Vibrance Ltd Unaudited accounts for the year ended 29 February 2024
Gaia Vibrance Ltd Unaudited accounts Contents
Page
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Gaia Vibrance Ltd Company Information for the year ended 29 February 2024
Directors
Mr Charles Bishop Ms Elise Yuill
Company Number
13937447 (England and Wales)
Registered Office
1 Levy Water, Ballard Lane Ashburton Newton Abbot Devon TQ13 7QA
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons) South Devon Accounting Ltd 6 Orchard Close Ogwell Newton Abbot TQ12 6AL
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Gaia Vibrance Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,089 
21,620 
Current assets
Debtors
2,901 
- 
Cash at bank and in hand
1,166 
192 
4,067 
192 
Creditors: amounts falling due within one year
(20,576)
(17,161)
Net current liabilities
(16,509)
(16,969)
Total assets less current liabilities
1,580 
4,651 
Creditors: amounts falling due after more than one year
(5,200)
(7,600)
Net liabilities
(3,620)
(2,949)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(3,630)
(2,959)
Shareholders' funds
(3,620)
(2,949)
For the year ending 29 February 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 19 October 2024 and were signed on its behalf by
Ms Elise Yuill Director Company Registration No. 13937447
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Gaia Vibrance Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Gaia Vibrance Ltd is a private company, limited by shares, registered in England and Wales, registration number 13937447. The registered office is 1 Levy Water, Ballard Lane, Ashburton, Newton Abbot, Devon, TQ13 7QA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
28,597 
230 
28,827 
Additions
1,100 
1,399 
2,499 
At 29 February 2024
29,697 
1,629 
31,326 
Depreciation
At 1 March 2023
7,149 
58 
7,207 
Charge for the year
5,637 
393 
6,030 
At 29 February 2024
12,786 
451 
13,237 
Net book value
At 29 February 2024
16,911 
1,178 
18,089 
At 28 February 2023
21,448 
172 
21,620 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
2,901 
- 
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Gaia Vibrance Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,400 
2,400 
Obligations under finance leases and hire purchase contracts
1,166 
- 
Other creditors
5,865 
- 
Loans from directors
10,425 
14,041 
Accruals
720 
720 
20,576 
17,161 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,200 
7,600 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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