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
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
Gardner Refurbishment Limited
Statement of financial position
as at 30 April 2024
Tangible assets
4,849
6,466
Cash at bank and in hand
17,015
34,840
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
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
Gardner Refurbishment Limited
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
The accounts have been prepared under the historical cost convention..
The accounts are presented in £ sterling.
Work in progress has been valued at cost and includes a relevant proportion of overheads according to the stage of completion.
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 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.
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.
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.
Gardner Refurbishment Limited
Notes to the Accounts
for the year ended 30 April 2024
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
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
At 30 April 2024
917
3,932
4,849
At 30 April 2023
1,223
5,243
6,466
Amounts falling due within one year
Accrued income and prepayments
203
726
Other debtors
9,890
11,607
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
7
Creditors: amounts falling due after more than one year
2024
2023
Gardner Refurbishment Limited
Notes to the Accounts
for the year ended 30 April 2024
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).