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REGISTERED NUMBER: 10631132 (England and Wales)















GORDON HUMPHREYS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

29 FEBRUARY 2024






GORDON HUMPHREYS LIMITED (REGISTERED NUMBER: 10631132)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


GORDON HUMPHREYS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







Director: G H Humphreys





Registered office: Mulsford Hall
Mulsford
Sarn
Malpas
Cheshire
SY14 7LP





Registered number: 10631132 (England and Wales)





Accountants: John Davies and Co
St Andrews House
Yale Business Village
Ellice Way
Wrexham
Wrexham CB
LL13 7YL

GORDON HUMPHREYS LIMITED (REGISTERED NUMBER: 10631132)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 11,479 9,101
Investment property 5 283,399 283,399
294,878 292,500

Current assets
Debtors 6 9,928 11,804
Cash at bank 685 1,739
10,613 13,543
Creditors
Amounts falling due within one year 7 346,440 355,054
Net current liabilities (335,827 ) (341,511 )
Total assets less current liabilities (40,949 ) (49,011 )

Capital and reserves
Called up share capital 1 1
Retained earnings (40,950 ) (49,012 )
(40,949 ) (49,011 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

GORDON HUMPHREYS LIMITED (REGISTERED NUMBER: 10631132)

BALANCE SHEET - continued
29 FEBRUARY 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 director and authorised for issue on 27 November 2024 and were signed by:





G H Humphreys - Director


GORDON HUMPHREYS LIMITED (REGISTERED NUMBER: 10631132)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. Statutory information

Gordon Humphreys 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & fittings - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. Employees and directors

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

GORDON HUMPHREYS LIMITED (REGISTERED NUMBER: 10631132)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


4. Tangible fixed assets
Fixtures
& fittings
£   
Cost
At 1 March 2023 14,808
Additions 4,404
At 29 February 2024 19,212
Depreciation
At 1 March 2023 5,707
Charge for year 2,026
At 29 February 2024 7,733
Net book value
At 29 February 2024 11,479
At 28 February 2023 9,101

5. Investment property
Total
£   
Fair value
At 1 March 2023
and 29 February 2024 283,399
Net book value
At 29 February 2024 283,399
At 28 February 2023 283,399

The directors consider the value of the property to be reasonable based on market conditions.

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 9,928 11,804

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Other creditors 346,440 355,054

GORDON HUMPHREYS LIMITED (REGISTERED NUMBER: 10631132)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


8. Related party disclosures

Included within other creditors, is a loan account the company operate with the Director. As at 29th February 2024 the balance of this loan account was £345,756 in credit (£354,406 in 2023).

No interest is being charged on the loan and the balance is repayable on demand.