1 November 2022 false Taxfiler 2024.6 7733105business:PrivateLimitedCompanyLtd2022-11-012023-10-31 77331052022-10-31 77331052022-11-012023-10-31 7733105business:AuditExemptWithAccountantsReport2022-11-012023-10-31 7733105business:FilletedAccounts2022-11-012023-10-31 77331052023-10-31 7733105business:Director12022-11-012023-10-31 7733105business:RegisteredOffice2022-11-012023-10-31 77331052022-10-31 7733105core:WithinOneYear2023-10-31 7733105core:WithinOneYear2022-10-31 7733105core:AfterOneYear2023-10-31 7733105core:AfterOneYear2022-10-31 7733105core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 7733105core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 7733105core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 7733105core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 7733105core:PreviouslyStatedAmount2023-10-31 7733105core:PreviouslyStatedAmount2022-10-31 7733105business:SmallEntities2022-11-012023-10-31 7733105countries:EnglandWales2022-11-012023-10-31 7733105core:FurnitureFittings2022-11-012023-10-31 7733105core:FurnitureFittings2022-10-31 7733105core:FurnitureFittings2023-10-31 77331052021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 7733105 (England and Wales)
GAWBER VILLAGE LTD unaudited financial statements for the year ended 31 October 2023
GAWBER VILLAGE LTD unaudited financial statements Contents
Page
- 2 -
GAWBER VILLAGE LTD Company Information for the year ended 31 October 2023
Director
Gurdeep THANDI
Company Number
7733105 (England and Wales)
Registered Office
21 HYDE PARK ROAD LEEDS LS6 1PY
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
- 3 -
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of GAWBER VILLAGE LTD for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GAWBER VILLAGE LTD for the year ended 31 October 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants Chartered Certified Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY 31 October 2024
- 4 -
GAWBER VILLAGE LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,108 
1,477 
Current assets
Inventories
52,140 
47,140 
Debtors
- 
2,956 
Cash at bank and in hand
36,362 
40,597 
88,502 
90,693 
Creditors: amounts falling due within one year
(14,820)
(12,354)
Net current assets
73,682 
78,339 
Total assets less current liabilities
74,790 
79,816 
Creditors: amounts falling due after more than one year
(37,999)
(45,110)
Net assets
36,791 
34,706 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
36,789 
34,704 
Shareholders' funds
36,791 
34,706 
For the year ending 31 October 2023 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 31 October 2024 and were signed on its behalf by
Gurdeep THANDI Director Company Registration No. 7733105
- 5 -
GAWBER VILLAGE LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
GAWBER VILLAGE LTD is a private company, limited by shares, registered in England and Wales, registration number 7733105. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% diminishing balance method.
Government grants
Government grants in relation to job retention scheme are credited to profit and loss account, whereas those in relation to expenditure are charged to profit and loss.
- 6 -
GAWBER VILLAGE LTD Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2022
14,843 
At 31 October 2023
14,843 
Depreciation
At 1 November 2022
13,366 
Charge for the year
369 
At 31 October 2023
13,735 
Net book value
At 31 October 2023
1,108 
At 31 October 2022
1,477 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,956 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,097 
3,241 
Trade creditors
7,009 
5,537 
Taxes and social security
4,714 
3,576 
14,820 
12,354 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
37,999 
45,110 
8
Average number of employees
During the year the average number of employees was 5 (2022: 4).
- 7 -