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REGISTERED NUMBER: 04012426 (England and Wales)





Gavin Ingham Ltd

Unaudited Financial Statements

for the Year Ended 30 June 2024






Gavin Ingham Ltd (Registered number: 04012426)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gavin Ingham Ltd

Company Information
for the year ended 30 June 2024







DIRECTORS: G J Ingham
A Ingham





SECRETARY: M C Ingham





REGISTERED OFFICE: 31 Bromley Road
Bingley
BD164DA





REGISTERED NUMBER: 04012426 (England and Wales)





ACCOUNTANTS: Simon Hart FCCA
Hart Wright Accounting
Chartered Certified Accountants
24 Hall Drive
Sutton In Craven
North Yorkshire
BD20 7NH

Gavin Ingham Ltd (Registered number: 04012426)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,998 750

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 5 4,562 -
Cash at bank and in hand 13,118 47,766
19,680 49,766
CREDITORS
Amounts falling due within one year 6 (7,335 ) (13,353 )
NET CURRENT ASSETS 12,345 36,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,343

37,163

CREDITORS
Amounts falling due after more than one
year

7

(10,847

)

(16,422

)

PROVISIONS FOR LIABILITIES (13 ) (13 )
NET ASSETS 3,483 20,728

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 3,482 20,727
SHAREHOLDERS' FUNDS 3,483 20,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Gavin Ingham Ltd (Registered number: 04012426)

Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2024 and were signed on its behalf by:





G J Ingham - Director


Gavin Ingham Ltd (Registered number: 04012426)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Gavin Ingham Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax and is derived from ordinary activities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Gavin Ingham Ltd (Registered number: 04012426)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 31,534
Additions 1,248
At 30 June 2024 32,782
DEPRECIATION
At 1 July 2023
and 30 June 2024 30,784
NET BOOK VALUE
At 30 June 2024 1,998
At 30 June 2023 750

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 4,562 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,634 -
Trade creditors 3,361 2,317
Taxation and social security (595 ) 9,663
Other creditors 2,935 1,373
7,335 13,353

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 10,847 16,422

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bounce Back Loan Scheme (BBLS) 10,847 16,422

The UK Government have provided a 100% guarantee on the Bounce Back Loan Scheme (BBLS), borrowings obtained from the Santander Bank in the year.