GEMRICH LIMITED

Company Registration Number:
04525715 (England and Wales)

Unaudited statutory accounts for the year ended 01 March 2024

Period of accounts

Start date: 02 March 2023

End date: 01 March 2024

GEMRICH LIMITED

Contents of the Financial Statements

for the Period Ended 01 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GEMRICH LIMITED

Company Information

for the Period Ended 01 March 2024




Director: Warren Egginton
Secretary: Joanne Egginton
Registered office: 27
Fir Tree Drive
Sedgley
Dudley
West Midlands
DY3 1DP
Company Registration Number: 04525715 (England and Wales)

GEMRICH LIMITED

Directors' Report Period Ended 01 March 2024

The directors present their report with the financial statements of the company for the period ended 01 March 2024

Principal Activities

The principal activities of the company during the period was Design Consultancy.

Political and charitable donations

The company did not donate to any political party or charitable organisation during the period.

Company policy on the employment of disabled persons

The company does not discriminate against disabled persons and actively encourages applications accordingly.

Directors

The directors shown below have held office during the whole of the period from 02 March 2023 to 01 March 2024
Warren Egginton

Secretary
Joanne Egginton

This report was approved by the board of directors on 4 October 2024
And Signed On Behalf Of The Board By:

Name: Warren Egginton
Status: Director

GEMRICH LIMITED

Profit and Loss Account

for the Period Ended 01 March 2024


Notes

2024
£

2023
£
Turnover 1,050 2,450
Cost of sales ( 264 ) ( 293 )
Gross Profit or (Loss) 786 2,157
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 45 )
Administrative Expenses ( 3,396 ) ( 832 )
Other operating income 0 0
Operating Profit or (Loss) ( 2,610 ) 1,280
Interest Receivable and Similar Income 42 9
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 2,568 ) 1,289
Tax on Profit - ( 104 )
Profit or (Loss) for Period ( 2,568 ) 1,185

The notes form part of these financial statements

GEMRICH LIMITED

Balance sheet

As at 01 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,604 1,956
Total fixed assets: 1,604 1,956
Current assets
Stocks: 0 0
Debtors: 5 0 1,400
Cash at bank and in hand: 4,429 6,486
Total current assets: 4,429 7,886
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 15 ) ( 819 )
Net current assets (liabilities): 4,414 7,067
Total assets less current liabilities: 6,018 9,023
Provision for liabilities: ( 3,380 ) ( 3,817 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 2,638 5,206

The notes form part of these financial statements

GEMRICH LIMITED

Balance sheet continued

As at 01 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 60 60
Profit and loss account: 2,578 5,146
Shareholders funds: 2,638 5,206

For the year ending 1 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 4 October 2024
And Signed On Behalf Of The Board By:

Name: Warren Egginton
Status: Director

The notes form part of these financial statements

GEMRICH LIMITED

Notes to the Financial Statements

for the Period Ended 01 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GEMRICH LIMITED

Notes to the Financial Statements

for the Period Ended 01 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 1

GEMRICH LIMITED

Notes to the Financial Statements

for the Period Ended 01 March 2024

  • 3. Off balance sheet disclosure

    No

GEMRICH LIMITED

Notes to the Financial Statements

for the Period Ended 01 March 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 02 March 2023 1,956 1,956
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 01 March 2024 1,956 1,956
Depreciation
At 02 March 2023 0 0
Charge for year 352 352
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 01 March 2024 352 352
Net book value
At 01 March 2024 1,604 1,604
At 01 March 2023 1,956 1,956

Depreciation has been utilised in this period at 18%.

GEMRICH LIMITED

Notes to the Financial Statements

for the Period Ended 01 March 2024

5. Debtors


2024
£

2023
£
Trade debtors 0 1,400
Prepayments and accrued income 0 0
Other debtors 0 0
Total 0 1,400

GEMRICH LIMITED

Notes to the Financial Statements

for the Period Ended 01 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 15 715
Taxation and social security 0 104
Accruals and deferred income 0 0
Other creditors 0 0
Total 15 819

Creditors include Bank charges and other creditors on agreed credit terms.