Company registration number 02137190 (England and Wales)
GORSE MOTORS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
GORSE MOTORS LIMITED
BALANCE SHEET
AS AT 31 MAY 2024
31 May 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
88,852
56,017
Current assets
72,143
117,583
Prepayments and accrued income
3,991
2,087
Creditors: amounts falling due within one year
(46,733)
(67,344)
Net current assets
29,401
52,326
Total assets less current liabilities
118,253
108,343
Creditors: amounts falling due after more than one year
(34,859)
(19,845)
Net assets
83,394
88,498
Capital and reserves
83,394
88,498
GORSE MOTORS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024
31 May 2024
- 2 -
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
4
4
Gorse Motors Limited is a private company limited by shares incorporated in England and Wales. The registered office is 84 Gorse Industrial Estate, Barnham, Thetford, Suffolk, IP24 2PH.
For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 22 October 2024
Mr J Lang
Director
Company Registration Number 02137190