GABITIE FABRICATED SOLUTIONS LIMITED

Company Registration Number:
10743017 (England and Wales)

Unaudited statutory accounts for the year ended 26 April 2024

Period of accounts

Start date: 27 April 2023

End date: 26 April 2024

GABITIE FABRICATED SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 26 April 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

GABITIE FABRICATED SOLUTIONS LIMITED

Directors' report period ended 26 April 2024

The directors present their report with the financial statements of the company for the period ended 26 April 2024

Principal activities of the company

The principal activity of the company in the year under review was the sale of metalwork.

Political and charitable donations

During the year, the company made no donations exceeding £2000.



Directors

The director shown below has held office during the whole of the period from
27 April 2023 to 26 April 2024

Grant Bond


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
15 July 2024

And signed on behalf of the board by:
Name: Grant Bond
Status: Director

GABITIE FABRICATED SOLUTIONS LIMITED

Profit And Loss Account

for the Period Ended 26 April 2024

2024 2023


£

£
Turnover: 8,802 20,183
Cost of sales: 0 0
Gross profit(or loss): 8,802 20,183
Administrative expenses: ( 12,824 ) ( 20,094 )
Operating profit(or loss): (4,022) 89
Profit(or loss) before tax: (4,022) 89
Profit(or loss) for the financial year: (4,022) 89

GABITIE FABRICATED SOLUTIONS LIMITED

Balance sheet

As at 26 April 2024

Notes 2024 2023


£

£
Creditors: amounts falling due within one year: 3 ( 5,111 )
Net current assets (liabilities):   (597)
Total assets less current liabilities: ( 597)
Creditors: amounts falling due after more than one year: 4 ( 4,619 )
Total net assets (liabilities): (4,619) (597)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (4,620 ) (598 )
Total Shareholders' funds: ( 4,619 ) (597)

The notes form part of these financial statements

GABITIE FABRICATED SOLUTIONS LIMITED

Balance sheet statements

For the year ending 26 April 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 18 January 2025
and signed on behalf of the board by:

Name: Grant Bond
Status: Director

The notes form part of these financial statements

GABITIE FABRICATED SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 26 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives Plant and Machinery reducing balance 15% Motor Cars reducing balance 25%

    Intangible fixed assets amortisation policy

    Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

    Other accounting policies

    The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008)

GABITIE FABRICATED SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 26 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

GABITIE FABRICATED SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 26 April 2024

3. Creditors: amounts falling due within one year note

  2023
  £
Other creditors 5,111
Total   5,111

GABITIE FABRICATED SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 26 April 2024

4. Creditors: amounts falling due after more than one year note

2024
£
Other creditors 4,619
Total 4,619

During the year and carried forward from previous years were loans made to the company by the director. The loans are interest free. Loans of £4,619 are not repayable within twelve months. At 26 April 2024 the balance due to the director was £4,619 (2023 £5,111).