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Company Registration No. 11213077 (England and Wales)
GALLOP GROUP LTD Unaudited accounts for the year ended 29 February 2024
GALLOP GROUP LTD Unaudited accounts Contents
Page
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GALLOP GROUP LTD Company Information for the year ended 29 February 2024
Director
Otto Hopkins-Fagan
Secretary
Otto Hopkins-Fagan
Company Number
11213077 (England and Wales)
Registered Office
FARTHINGWORTH 4 LYNFORD ROAD MUNDFORD THETFORD IP26 5HN ENGLAND
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GALLOP GROUP LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,004 
260 
Current assets
Debtors
11,768 
- 
Cash at bank and in hand
9,475 
24,515 
21,243 
24,515 
Creditors: amounts falling due within one year
(17,228)
(23,754)
Net current assets
4,015 
761 
Net assets
5,019 
1,021 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
5,018 
1,020 
Shareholders' funds
5,019 
1,021 
For the year ending 29 February 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 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 25 November 2024 and were signed on its behalf by
Otto Hopkins-Fagan Director Company Registration No. 11213077
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GALLOP GROUP LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
GALLOP GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 11213077. The registered office is FARTHINGWORTH 4 LYNFORD ROAD, MUNDFORD, THETFORD, IP26 5HN, ENGLAND.
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
UK Pounds Sterling
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% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
775 
- 
775 
Additions
- 
1,079 
1,079 
At 29 February 2024
775 
1,079 
1,854 
Depreciation
At 1 March 2023
515 
- 
515 
Charge for the year
65 
270 
335 
At 29 February 2024
580 
270 
850 
Net book value
At 29 February 2024
195 
809 
1,004 
At 28 February 2023
260 
- 
260 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,768 
- 
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GALLOP GROUP LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,549 
1,759 
Taxes and social security
19,327 
13,932 
Loans from directors
(5,448)
7,763 
Accruals
800 
300 
17,228 
23,754 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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