Company Registration No. 11201640 (England and Wales)
GKBCONTRACT LIMITED
Unaudited accounts
for the year ended 29 February 2024
GKBCONTRACT LIMITED
Unaudited accounts
Contents
GKBCONTRACT LIMITED
Company Information
for the year ended 29 February 2024
Director
Kazeem Babatunde Gbadamosi
Company Number
11201640 (England and Wales)
Registered Office
110 ELMGROVE POINT
77 WALMER TERRACE
LONDON
SE18 7AN
UNITED KINGDOM
Accountants
SAAP & Associates Limited
Thames House
3 Wellington Street
Woolwich
London
SE18 6NY
GKBCONTRACT LIMITED
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
13
8,711
Creditors: amounts falling due within one year
15,592
9,237
Net current assets
15,749
20,815
Total assets less current liabilities
16,365
21,585
Creditors: amounts falling due after more than one year
(20,000)
(20,000)
Net (liabilities)/assets
(3,635)
1,585
Called up share capital
1
1
Profit and loss account
(3,636)
1,584
Shareholders' funds
(3,635)
1,585
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 17 November 2024 and were signed on its behalf by
Kazeem Babatunde Gbadamosi
Director
Company Registration No. 11201640
GKBCONTRACT LIMITED
Notes to the Accounts
for the year ended 29 February 2024
GKBCONTRACT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11201640. The registered office is 110 ELMGROVE POINT, 77 WALMER TERRACE, LONDON, SE18 7AN, UNITED KINGDOM.
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.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
1,205
1,145
2,350
At 29 February 2024
1,205
1,145
2,350
At 1 March 2023
810
770
1,580
Charge for the year
79
75
154
At 29 February 2024
889
845
1,734
At 29 February 2024
316
300
616
At 28 February 2023
395
375
770
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
108
823
Loans from directors
(15,940)
(10,360)
GKBCONTRACT LIMITED
Notes to the Accounts
for the year ended 29 February 2024
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).