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REGISTERED NUMBER: 08859203 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

G2 INTERIORS AND DESIGN LIMITED

G2 INTERIORS AND DESIGN LIMITED (REGISTERED NUMBER: 08859203)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


G2 INTERIORS AND DESIGN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: Mr G D Glover
Mrs D J Glover





REGISTERED OFFICE: Mercury House
19-21 Chapel Street
Marlow
Bucks
SL7 3HN





REGISTERED NUMBER: 08859203 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

G2 INTERIORS AND DESIGN LIMITED (REGISTERED NUMBER: 08859203)

BALANCE SHEET
31ST MARCH 2024

31.3.24 31.3.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 411 611

CURRENT ASSETS
Debtors 5 3,356 13,548
Cash at bank 88,160 151,152
91,516 164,700
CREDITORS
Amounts falling due within one year 6 32,111 51,929
NET CURRENT ASSETS 59,405 112,771
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,816

113,382

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 59,716 113,282
SHAREHOLDERS' FUNDS 59,816 113,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

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 21st November 2024 and were signed on its behalf by:





Mr G D Glover - Director


G2 INTERIORS AND DESIGN LIMITED (REGISTERED NUMBER: 08859203)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

G2 Interiors and Design Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1st April 2023
and 31st March 2024 1,834
DEPRECIATION
At 1st April 2023 1,223
Charge for year 200
At 31st March 2024 1,423
NET BOOK VALUE
At 31st March 2024 411
At 31st March 2023 611

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Trade debtors 2,601 13,548
Tax 755 -
3,356 13,548

G2 INTERIORS AND DESIGN LIMITED (REGISTERED NUMBER: 08859203)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Trade creditors 5,944 11,511
Credit card 42 20
Tax - 9,545
Net wages 1,516 -
VAT 288 4,713
Directors' current accounts 22,771 24,640
Accrued expenses 1,550 1,500
32,111 51,929

7. RESERVES
Retained
earnings
£

At 1st April 2023 113,282
Deficit for the year (3,566 )
Dividends (50,000 )
At 31st March 2024 59,716

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr G D Glover.