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
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
GALLOP GROUP LTD
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
9,475
24,515
Creditors: amounts falling due within one year
(17,228)
(23,754)
Net current assets
4,015
761
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
GALLOP GROUP LTD
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 29 February 2024
775
1,079
1,854
Charge for the year
65
270
335
At 29 February 2024
580
270
850
At 29 February 2024
195
809
1,004
At 28 February 2023
260
-
260
Amounts falling due within one year
GALLOP GROUP LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
19,327
13,932
Loans from directors
(5,448)
7,763
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).