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Company Registration No. 02596427 (England and Wales)
GEMBITS LIMITED Unaudited accounts for the year ended 31 March 2024
GEMBITS LIMITED Unaudited accounts Contents
Page
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GEMBITS LIMITED Company Information for the year ended 31 March 2024
Director
Ngoba Soibomari Bestman
Company Number
02596427 (England and Wales)
Registered Office
20 WALTON ROAD MANOR PARK LONDON E12 5RS
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GEMBITS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
724 
724 
Current assets
Debtors
1,195 
1,308 
Cash at bank and in hand
98 
98 
1,293 
1,406 
Creditors: amounts falling due within one year
(113)
(113)
Net current assets
1,180 
1,293 
Net assets
1,904 
2,017 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,804 
1,917 
Shareholders' funds
1,904 
2,017 
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 director acknowledges her 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 20 November 2024 and were signed on its behalf by
Ngoba Soibomari Bestman Director Company Registration No. 02596427
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GEMBITS LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
GEMBITS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02596427. The registered office is 20 WALTON ROAD, MANOR PARK, LONDON, E12 5RS.
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.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
724 
At 31 March 2024
724 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
724 
At 31 March 2023
724 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
1,195 
1,308 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
113 
113 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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