Company Registration No. 08439451 (England and Wales)
Gibson Thornley Architects Limited
Unaudited accounts
for the year ended 31 March 2024
Gibson Thornley Architects Limited
Statement of financial position
as at 31 March 2024
Tangible assets
41,594
2,256
Cash at bank and in hand
318,171
282,336
Creditors: amounts falling due within one year
(171,844)
(132,144)
Net current assets
427,460
470,646
Total assets less current liabilities
469,054
472,902
Provisions for liabilities
Net assets
458,656
472,902
Called up share capital
2
2
Profit and loss account
458,654
472,900
Shareholders' funds
458,656
472,902
For the year ending 31 March 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 28 October 2024 and were signed on its behalf by
B Gibson
Director
Company Registration No. 08439451
Gibson Thornley Architects Limited
Notes to the Accounts
for the year ended 31 March 2024
Gibson Thornley Architects Limited is a private company, limited by shares, registered in England and Wales, registration number 08439451. The registered office is No 4 The Hangar, Perseverance Works, 25-27 Hackney Road, London, London, E2 7NX, 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 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:
Fixtures & fittings
4 years
Computer equipment
4 years
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
7,756
2,385
3,902
14,043
Additions
-
26,117
20,866
46,983
At 31 March 2024
7,756
28,502
24,768
61,026
At 1 April 2023
5,500
2,385
3,902
11,787
Charge for the year
2,256
2,148
3,241
7,645
At 31 March 2024
7,756
4,533
7,143
19,432
At 31 March 2024
-
23,969
17,625
41,594
At 31 March 2023
2,256
-
-
2,256
Gibson Thornley Architects Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
243,913
307,185
Accrued income and prepayments
32,436
13,269
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
28,691
36,746
Other creditors
4,267
3,967
7
Deferred taxation
2024
2023
Accelerated capital allowances
10,398
-
Charged to the profit and loss account
10,398
-
Provision at end of year
10,398
-
8
Average number of employees
During the year the average number of employees was 15 (2023: 13).