2023-04-01 08480815 2024-03-31 08480815 2023-04-01 2024-03-31 08480815 2023-03-31 08480815 2022-04-01 2023-03-31 08480815 uk-core:WithinOneYear 2023-03-31 08480815 uk-core:WithinOneYear 2024-03-31 08480815 uk-core:AfterOneYear 2023-03-31 08480815 uk-core:AfterOneYear 2024-03-31 08480815 uk-core:ShareCapital 2024-03-31 08480815 uk-core:ShareCapital 2023-03-31 08480815 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 08480815 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 08480815 uk-bus:Director1 2023-04-01 2024-03-31 08480815 uk-core:NetGoodwill 2023-04-01 2024-03-31 08480815 uk-core:WithinOneYear 2024-03-31 08480815 uk-core:WithinOneYear 2023-03-31 08480815 uk-core:AfterOneYear uk-core:Secured 2024-03-31 08480815 uk-core:AfterOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure 08480815 uk-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08480815 uk-bus:FRS102 2023-04-01 2024-03-31 08480815 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 08480815 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Gill Gleed Limited
Registered Number:08480815
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Gill Gleed Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08480815
As at 31 March 2024
Gill Gleed Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
1,760
2,347
2
1,760
2,347
Current assets
18,517
Cash and cash equivalents
21,155
21,155
18,517
Trade and other payables: amounts falling due within one
year
(15,665)
(19,720)
3
2,852
1,435
Net current assets
Total assets less current liabilities
3,195
5,199
Trade and other payables: amounts falling due after more
than one year
(5,062)
(2,823)
4
372
Net assets
137
Capital and reserves
Called up share capital
1
1
Retained earnings
371
136
372
137
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
G Gleed Director
These financial statements were approved and authorised for issue by the Board on 18 November 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2024
Gill Gleed Limited
Notes to the Financial Statements
Statutory Information
Gill Gleed Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08480815.
Registered address:
18 Barn Owl Way
Stoke Gifford
Bristol
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of 5 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Plant&Machinery 25% reducing balance.
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 April 2023
4,646
At 31 March 2024
4,646
Provision for depreciation and impairment
At 01 April 2023
2,299
Charge for year
587
At 31 March 2024
2,886
At 31 March 2024
Net book value
1,760
At 31 March 2023
2,347
2 of 3
5
For the year ended 31 March 2024
Gill Gleed Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
2,250
2,250
Taxation and social security
5,119
3,347
Other creditors
12,351
10,068
19,720
15,665
4. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
2,823
5,062
5. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
3 of 3