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Company Registration No. 7960310 (England and Wales)
Gordon Samuel Developments Ltd Unaudited accounts for the year ended 29 February 2024
Gordon Samuel Developments Ltd Unaudited accounts Contents
Page
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Gordon Samuel Developments Ltd Company Information for the year ended 29 February 2024
Directors
D C H Jones A Jones A D Jones
Company Number
7960310 (England and Wales)
Registered Office
Winterton House High Street Westerham TN16 1AQ
Accountants
Le Forts Winterton House, First Floor High Street Westerham Kent TN16 1AQ
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Gordon Samuel Developments Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
433,636 
800,989 
Cash at bank and in hand
22,635 
2,516 
456,271 
803,505 
Creditors: amounts falling due within one year
(38,089)
- 
Net current assets
418,182 
803,505 
Total assets less current liabilities
418,182 
803,505 
Creditors: amounts falling due after more than one year
(301,073)
(881,172)
Net assets/(liabilities)
117,109 
(77,667)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
117,106 
(77,670)
Shareholders' funds
117,109 
(77,667)
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 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 27 November 2024 and were signed on its behalf by
D C H Jones Director Company Registration No. 7960310
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Gordon Samuel Developments Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Gordon Samuel Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 7960310. The registered office is Winterton House, High Street, Westerham, TN16 1AQ.
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
These financial statements for the year ended 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
38,089 
- 
5
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
35,703 
220,923 
Other creditors
265,370 
660,249 
301,073 
881,172 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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