Registered number
11728494
Gillingham Group Ltd
Filleted Accounts
31 March 2024
Gillingham Group Ltd
Registered number: 11728494
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 190 291
Current assets
Debtors 4 2,143 14,427
Cash at bank and in hand 198,060 249,961
200,203 264,388
Creditors: amounts falling due within one year 5 (4,217) (2,708)
Net current assets 195,986 261,680
Net assets 196,176 261,971
Capital and reserves
Called up share capital 100 100
Profit and loss account 196,076 261,871
Shareholder's funds 196,176 261,971
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr S J H Gillingham
Director
Approved by the board on 17 December 2024
Gillingham Group Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 2
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 April 2023 291
Disposals (101)
At 31 March 2024 190
4 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 1,950 900
Other debtors 193 13,527
2,143 14,427
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 337 1,093
Taxation and social security costs 400 -
Other creditors 3,480 1,615
4,217 2,708
6 Related party transactions
Gillingham Properties Ltd
Subsidiary
Amount due from the related party 1,950 900
Appliances Direct Limited
Subsidiary
Amount due from the related party - 3,334
7 Other information
Gillingham Group Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Demar House, 14 Church Road
East Wittering
Chichester
West Sussex
PO20 8PS
Gillingham Group Ltd 11728494 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 Mr S J H Gillingham No description of principal activity 11728494 2022-04-01 2023-03-31 11728494 core:WithinOneYear 2023-03-31 11728494 core:ShareCapital 2023-03-31 11728494 core:RetainedEarningsAccumulatedLosses 2023-03-31 11728494 2023-04-01 2024-03-31 11728494 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11728494 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11728494 bus:Director40 2023-04-01 2024-03-31 11728494 1 2023-04-01 2024-03-31 11728494 2 2023-04-01 2024-03-31 11728494 countries:England 2023-04-01 2024-03-31 11728494 bus:FRS102 2023-04-01 2024-03-31 11728494 bus:FilletedAccounts 2023-04-01 2024-03-31 11728494 2024-03-31 11728494 core:WithinOneYear 2024-03-31 11728494 core:ShareCapital 2024-03-31 11728494 core:RetainedEarningsAccumulatedLosses 2024-03-31 11728494 core:DisposalsRepaymentsInvestments 2024-03-31 11728494 2023-03-31 iso4217:GBP xbrli:pure