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Company Registration No. 07180810 (England and Wales)
Gardner Refurbishment Limited Unaudited accounts for the year ended 30 April 2024
Gardner Refurbishment Limited Unaudited accounts Contents
Page
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Gardner Refurbishment Limited Company Information for the year ended 30 April 2024
Director
J C M Baumgartner
Company Number
07180810 (England and Wales)
Registered Office
Hawthorn House Four Elms Road Edenbridge Kent TN8 6AF England
Accountants
Worthweld PT Limited 5 Field End Maresfield Uckfield East Sussex TN22 2DJ
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Gardner Refurbishment Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,849 
6,466 
Current assets
Inventories
7,750 
5,500 
Debtors
10,268 
63,011 
Cash at bank and in hand
17,015 
34,840 
35,033 
103,351 
Creditors: amounts falling due within one year
(28,686)
(85,314)
Net current assets
6,347 
18,037 
Total assets less current liabilities
11,196 
24,503 
Creditors: amounts falling due after more than one year
(10,194)
(21,504)
Provisions for liabilities
Deferred tax
(921)
(1,229)
Net assets
81 
1,770 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
79 
1,768 
Shareholders' funds
81 
1,770 
For the year ending 30 April 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 12 November 2024 and were signed on its behalf by
J C M Baumgartner Director Company Registration No. 07180810
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Gardner Refurbishment Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Gardner Refurbishment Limited is a private company, limited by shares, registered in England and Wales, registration number 07180810. The registered office is Hawthorn House, Four Elms Road, Edenbridge, Kent, TN8 6AF, 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.
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..
Presentation currency
The accounts are presented in £ sterling.
Inventories
Work in progress has been valued at cost and includes a relevant proportion of overheads according to the stage of completion.
Turnover
Turnover represents the value, net of VAT and discounts, of 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:
Plant & machinery
25% per annum on the reducing balance method
Motor vehicles
25% per annum on the reducing balance method
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Pension costs
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme.
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Gardner Refurbishment Limited Notes to the Accounts for the year ended 30 April 2024
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
7,515 
17,674 
25,189 
At 30 April 2024
7,515 
17,674 
25,189 
Depreciation
At 1 May 2023
6,292 
12,431 
18,723 
Charge for the year
306 
1,311 
1,617 
At 30 April 2024
6,598 
13,742 
20,340 
Net book value
At 30 April 2024
917 
3,932 
4,849 
At 30 April 2023
1,223 
5,243 
6,466 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
175 
4,647 
Trade debtors
- 
46,031 
Accrued income and prepayments
203 
726 
Other debtors
9,890 
11,607 
10,268 
63,011 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,337 
9,979 
Trade creditors
10,896 
59,696 
Taxes and social security
5,658 
13,174 
Accruals
795 
2,465 
28,686 
85,314 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,194 
21,504 
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Gardner Refurbishment Limited Notes to the Accounts for the year ended 30 April 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Transactions with related parties
The company is under the control of the Director. During the year the Director received dividends amounting £12250 (2023 £23250). No other transactions required reporting during the year.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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