Company Registration No. 14670083 (England and Wales)
GL Gardens Limited
Unaudited accounts
for the period from 17 February 2023 to 29 February 2024
GL Gardens Limited
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
3,564
Creditors: amounts falling due within one year
(19,001)
Net current liabilities
(15,437)
For the period 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 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 28 October 2024 and were signed on its behalf by
Salvatore Castiglione
Director
Company Registration No. 14670083
GL Gardens Limited
Notes to the Accounts
for the period from 17 February 2023 to 29 February 2024
GL Gardens Limited is a private company, limited by shares, registered in England and Wales, registration number 14670083. The registered office is 74 Hazeldell, Watton At Stone, Hertford, Hertfordshire, SG14 3SW, England.
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 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.
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.
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:
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
At 17 February 2023
36,333
At 29 February 2024
36,333
At 17 February 2023
15,750
Charge for the period
5,145
At 29 February 2024
20,895
At 29 February 2024
15,438
GL Gardens Limited
Notes to the Accounts
for the period from 17 February 2023 to 29 February 2024
5
Creditors: amounts falling due within one year
2024
Taxes and social security
6,163
Loans from directors
12,838
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
Shares issued during the period:
1 Ordinary shares of £1 each
1
7
Average number of employees
During the period the average number of employees was 1.