Company Registration No. 14505999 (England and Wales)
GMS Leads Limited
Unaudited accounts
for the year ended 30 November 2024
GMS Leads Limited
Unaudited accounts
Contents
GMS Leads Limited
Company Information
for the year ended 30 November 2024
Director
Mr David Christopher Ogden
Company Number
14505999 (England and Wales)
Registered Office
71-75 Shelton Street,
Covent Garden,
London,
WC2H 9JQ
United Kingdom,
Accountants
Peacock Accountants Ltd
71-75 Shelton Street
Covent Garden
London
England
WC2H 9JQ
GMS Leads Limited
Statement of financial position
as at 30 November 2024
Intangible assets
35,100
46,800
Tangible assets
176,346
1,255
Cash at bank and in hand
21,848
295,874
Creditors: amounts falling due within one year
(127,264)
(190,755)
Net current assets
232,202
106,309
Total assets less current liabilities
443,648
154,364
Creditors: amounts falling due after more than one year
(157,000)
-
Provisions for liabilities
Net assets
279,169
154,364
Called up share capital
100
100
Profit and loss account
279,069
154,264
Shareholders' funds
279,169
154,364
For the year ending 30 November 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 13 December 2024 and were signed on its behalf by
Mr David Christopher Ogden
Director
Company Registration No. 14505999
GMS Leads Limited
Notes to the Accounts
for the year ended 30 November 2024
GMS Leads Limited is a private company, limited by shares, registered in England and Wales, registration number 14505999. The registered office is 71-75 Shelton Street,, Covent Garden,, London,, WC2H 9JQ, United Kingdom,.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
727.83
Computer equipment
3526.63
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Intangible fixed assets
Goodwill
At 30 November 2024
58,500
Charge for the year
11,700
At 30 November 2024
23,400
At 30 November 2024
35,100
At 30 November 2023
46,800
GMS Leads Limited
Notes to the Accounts
for the year ended 30 November 2024
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
-
350
1,091
1,441
Additions
174,834
378
2,436
177,648
At 30 November 2024
174,834
728
3,527
179,089
At 1 December 2023
-
36
150
186
Charge for the year
1,552
132
873
2,557
At 30 November 2024
1,552
168
1,023
2,743
At 30 November 2024
173,282
560
2,504
176,346
At 30 November 2023
-
314
941
1,255
Amounts falling due within one year
Amounts falling due after more than one year
Amounts due from group undertakings etc.
326,818
-
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
176
-
Taxes and social security
38,153
53,560
Loans from directors
75,422
60,229
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
157,000
-
9
Average number of employees
During the year the average number of employees was 7 (2023: 7).