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Company Registration No. 7520490 (England and Wales)
G&N Wall and Floor Tiling Limited Unaudited accounts for the year ended 29 February 2024
G&N Wall and Floor Tiling Limited Unaudited accounts Contents
Page
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G&N Wall and Floor Tiling Limited Company Information for the year ended 29 February 2024
Directors
Mr Gavin Swabey Mr Neil Cannon
Company Number
7520490 (England and Wales)
Registered Office
6 Guelder Way Tamerton Foliot Plymouth Devon PL6 6FR uk
Accountants
BookBusters t/n of Castle Home Loans Limited Eureka House Higher Downgate Callington Cornwall PL17 8HL
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G&N Wall and Floor Tiling Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,717 
23,901 
Current assets
Debtors
126,303 
84,858 
Cash at bank and in hand
3,516 
39,090 
129,819 
123,948 
Creditors: amounts falling due within one year
(19,257)
(36,544)
Net current assets
110,562 
87,404 
Total assets less current liabilities
130,279 
111,305 
Creditors: amounts falling due after more than one year
(27,806)
(38,334)
Net assets
102,473 
72,971 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
102,471 
72,969 
Shareholders' funds
102,473 
72,971 
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 29 November 2024 and were signed on its behalf by
Mr Gavin Swabey Director Company Registration No. 7520490
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G&N Wall and Floor Tiling Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
G&N Wall and Floor Tiling Limited is a private company, limited by shares, registered in England and Wales, registration number 7520490. The registered office is 6 Guelder Way, Tamerton Foliot, Plymouth, Devon, PL6 6FR, uk.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% RBM
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
2,315 
35,747 
38,062 
Additions
793 
- 
793 
At 29 February 2024
3,108 
35,747 
38,855 
Depreciation
At 1 March 2023
991 
13,170 
14,161 
Charge for the year
462 
4,515 
4,977 
At 29 February 2024
1,453 
17,685 
19,138 
Net book value
At 29 February 2024
1,655 
18,062 
19,717 
At 28 February 2023
1,324 
22,577 
23,901 
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G&N Wall and Floor Tiling Limited Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
2,605 
Trade debtors
14,959 
16,395 
Other debtors
111,344 
65,858 
126,303 
84,858 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,115 
- 
Trade creditors
11,976 
27,242 
Taxes and social security
3,088 
7,245 
Loans from directors
2,078 
2,057 
19,257 
36,544 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
27,806 
38,334 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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