Company Registration No. 13213124 (England and Wales)
GM SECURITY AGENCY LIMITED
accounts
for the period from 1 March 2023 to 28 February 2024
GM SECURITY AGENCY LIMITED
accounts
Contents
GM SECURITY AGENCY LIMITED
Statement of financial position
as at 28 February 2024
Cash at bank and in hand
1,104
-
Creditors: amounts falling due within one year
9,197
(41,558)
Net current assets
10,301
11,640
Called up share capital
1,000
1,000
Profit and loss account
12,799
11,513
Shareholders' funds
13,799
12,513
For the period ending 28 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 directors acknowledge their 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 of Directors and authorised for issue on 12 November 2024 and were signed on its behalf by
Ghulam Murtaza
Director
Company Registration No. 13213124
GM SECURITY AGENCY LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
GM SECURITY AGENCY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13213124. The registered office is 30 RIVERHEAD CLOSE, LONDON, E17 5PY, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
-
1,091
1,091
At 28 February 2024
3,500
1,091
4,591
Charge for the period
700
175
875
At 28 February 2024
700
393
1,093
At 28 February 2024
2,800
698
3,498
At 28 February 2023
-
873
873
Amounts falling due within one year
GM SECURITY AGENCY LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
817
-
Other creditors
501
21,131
Loans from directors
(33,155)
-
7
Average number of employees
During the period the average number of employees was 6 (2023: 2).