Company registration number 5950843 (England and Wales)
Gomersal Properties Limited
UNAUDITED FINANCIAL STATEMENTS
for the year ended 31 March 2024
PAGES FOR FILING WITH REGISTRAR
Gomersal Properties Limited
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4
Gomersal Properties Limited
Statement of financial position
as at 31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,193
1,591
Current assets
Debtors
23,205
65,644
Cash at bank and in hand
851
4,808
24,056
70,452
Creditors: amounts falling due within one year
(74,673)
(85,075)
Net current liabilities
(50,617)
(14,623)
Total assets less current liabilities
(49,424)
(13,032)
Creditors: amounts falling due after more than one year
(31,337)
(37,451)
Net liabilities
(80,761)
(50,483)
Capital and reserves
Called up share capital
4
2
2
Profit and loss reserves
(80,763)
(50,485)
Total equity
(80,761)
(50,483)
Gomersal Properties Limited
Statement of financial position (continued)
as at 31 March 2024
- 2 -
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 4 October 2024 and are signed on its behalf by:
A W Nuttall
Director
Company Registration No. 5950843
Gomersal Properties Limited
Notes to the financial statements
for the year ended 31 March 2024
- 3 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. The principal accounting policies are set out below.
The financial statements have been prepared under the historical cost convention.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business. Turnover is recognised upon receipt of cash.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost less depreciation.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
25% Reducing Balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2
Gomersal Properties Limited
Notes to the financial statements (continued)
for the year ended 31 March 2024
- 4 -
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 April 2023 and 31 March 2024
52,767
Depreciation and impairment
At 1 April 2023
51,176
Depreciation charged in the year
398
At 31 March 2024
51,574
Carrying amount
At 31 March 2024
1,193
At 31 March 2023
1,591
4
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
2
2
2
2
5
Company information
Gomersal Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is Roxy Venue, Wharf Street, Sowerby Bridge, West Yorkshire, HX6 2AE.