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Company Registration No. 13901488 (England and Wales)
GIBSON JONES ASSETS LTD Unaudited accounts for the year ended 29 February 2024
GIBSON JONES ASSETS LTD Unaudited accounts Contents
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GIBSON JONES ASSETS LTD Company Information for the year ended 29 February 2024
Director
Clark Michael Gibson
Company Number
13901488 (England and Wales)
Registered Office
UNIT 2 BURLEY HOUSE ROWDITCH PLACE DERBY DE22 3LR ENGLAND
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GIBSON JONES ASSETS LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
140,000 
140,000 
Current assets
Debtors
175,152 
123,302 
Cash at bank and in hand
144 
1,685 
175,296 
124,987 
Creditors: amounts falling due within one year
(115,783)
(64,158)
Net current assets
59,513 
60,829 
Total assets less current liabilities
199,513 
200,829 
Creditors: amounts falling due after more than one year
(204,965)
(204,965)
Net liabilities
(5,452)
(4,136)
Capital and reserves
Called up share capital
12 
12 
Revaluation reserve
(2,298)
(2,298)
Profit and loss account
(3,166)
(1,850)
Shareholders' funds
(5,452)
(4,136)
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 26 November 2024 and were signed on its behalf by
Clark Michael Gibson Director Company Registration No. 13901488
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GIBSON JONES ASSETS LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
GIBSON JONES ASSETS LTD is a private company, limited by shares, registered in England and Wales, registration number 13901488. The registered office is UNIT 2 BURLEY HOUSE, ROWDITCH PLACE, DERBY, DE22 3LR, 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
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Fair value at 1 March 2023
140,000 
At 29 February 2024
140,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
175,152 
123,302 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
94,100 
58,950 
Loans from directors
20,963 
4,488 
Accruals
720 
720 
115,783 
64,158 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
104,965 
104,965 
Other creditors
100,000 
100,000 
204,965 
204,965 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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