Company Registration No. 06812810 (England and Wales)
Gravity Advisory Limited
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
Gravity Advisory Limited
Unaudited accounts
Contents
Gravity Advisory Limited
Company Information
for the period from 1 March 2023 to 28 February 2024
Director
David Robert Spence
Company Number
06812810 (England and Wales)
Registered Office
92B Priory Road
London
NW6 3NT
United Kingdom
Accountants
Ratnam Accountants
203 Kilburn High Road
London
NW6 7HY
Gravity Advisory Limited
Statement of financial position
as at 28 February 2024
Cash at bank and in hand
2,566
15,219
Creditors: amounts falling due within one year
(5,249)
(30,504)
Net current assets
105
913
Called up share capital
1
1
Profit and loss account
104
1,339
Shareholders' funds
105
1,340
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 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 5 November 2024 and were signed on its behalf by
David Robert Spence
Director
Company Registration No. 06812810
Gravity Advisory Limited
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
Gravity Advisory Limited is a private company, limited by shares, registered in England and Wales, registration number 06812810. The registered office is 92B Priory Road, London, NW6 3NT, United Kingdom.
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:
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
2,788
12,198
Gravity Advisory 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
3,477
25,834
Loans from directors
135
1,936
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).