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REGISTERED NUMBER: 08430073 (England and Wales)
























Unaudited Financial Statements for the Year Ended 31 March 2024

for

Geruda Limited

Geruda Limited (Registered number: 08430073)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Geruda Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R G Woodroffe
Mrs L H Woodroffe





SECRETARY:





REGISTERED OFFICE: 48 Rothschild Drive
Sarisbury Green
Southampton
Hampshire
SO31 7NS





REGISTERED NUMBER: 08430073 (England and Wales)





ACCOUNTANT: JMSolutions
48 Rothschild Drive
Sarisbury Green
Southampton
Hampshire
SO31 7NS

Geruda Limited (Registered number: 08430073)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 15,360
Tangible assets 5 1,034 1,215
1,034 16,575

CURRENT ASSETS
Stocks 54,222 52,103
Debtors 6 15,983 22,252
Prepayments and accrued income 2,200 2,179
Cash at bank and in hand 526,093 493,453
598,498 569,987
CREDITORS
Amounts falling due within one year 7 319,296 199,968
NET CURRENT ASSETS 279,202 370,019
TOTAL ASSETS LESS CURRENT
LIABILITIES

280,236

386,594

PROVISIONS FOR LIABILITIES (209 ) -

ACCRUALS AND DEFERRED INCOME (3,068 ) (2,967 )
NET ASSETS 276,959 383,627

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 266,959 373,627
SHAREHOLDERS' FUNDS 276,959 383,627

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

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 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.

Geruda Limited (Registered number: 08430073)

Balance Sheet - continued
31 March 2024


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 19 November 2024 and were signed on its behalf by:





R G Woodroffe - Director


Geruda Limited (Registered number: 08430073)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Geruda 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.

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 ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Geruda Limited (Registered number: 08430073)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 368,642
AMORTISATION
At 1 April 2023 353,282
Charge for year 15,360
At 31 March 2024 368,642
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 15,360

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 1,000 3,200 4,200
DEPRECIATION
At 1 April 2023 789 2,196 2,985
Charge for year 31 150 181
At 31 March 2024 820 2,346 3,166
NET BOOK VALUE
At 31 March 2024 180 854 1,034
At 31 March 2023 211 1,004 1,215

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 15,983 22,252

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 118,018 111,611
Taxation and social security 14,653 1,397
Other creditors 186,625 86,960
319,296 199,968

Geruda Limited (Registered number: 08430073)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


8. ULTIMATE CONTROLLING PARTY

The company is controlled by the shareholders in accordance with their holdings.