37 01/05/2023 30/04/2024 2024-04-30 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-05-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 04565834 2023-05-01 2024-04-30 04565834 2024-04-30 04565834 2023-04-30 04565834 2022-05-01 2023-04-30 04565834 2023-04-30 04565834 2022-04-30 04565834 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 04565834 bus:Director2 2023-05-01 2024-04-30 04565834 core:WithinOneYear 2024-04-30 04565834 core:WithinOneYear 2023-04-30 04565834 core:ShareCapital 2024-04-30 04565834 core:ShareCapital 2023-04-30 04565834 core:RetainedEarningsAccumulatedLosses 2024-04-30 04565834 core:RetainedEarningsAccumulatedLosses 2023-04-30 04565834 bus:OrdinaryShareClass1 core:ShareCapital 2024-04-30 04565834 bus:OrdinaryShareClass1 core:ShareCapital 2023-04-30 04565834 bus:SmallEntities 2023-05-01 2024-04-30 04565834 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 04565834 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 04565834 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04565834 bus:FullAccounts 2023-05-01 2024-04-30
Company registration number: 04565834
G.C.S. Johnson Limited
Unaudited filleted financial statements
30 April 2024
G.C.S. Johnson Limited
Contents
Balance sheet
Notes to the financial statements
G.C.S. Johnson Limited
Balance sheet
30 April 2024
2024 2023
Note £ £ £ £
Current assets
Stocks 50,000 50,000
Debtors 5 957,950 1,232,003
Cash at bank and in hand 241,505 4,961
_______ _______
1,249,455 1,286,964
Creditors: amounts falling due
within one year 6 ( 1,079,940) ( 1,150,910)
_______ _______
Net current assets 169,515 136,054
_______ _______
Total assets less current liabilities 169,515 136,054
_______ _______
Net assets 169,515 136,054
_______ _______
Capital and reserves
Called up share capital 7 4 4
Profit and loss account 169,511 136,050
_______ _______
Shareholders funds 169,515 136,054
_______ _______
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.
Directors responsibilities:
- 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;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 17 January 2024 , and are signed on behalf of the board by:
Mrs C M Johnson
Director
Company registration number: 04565834
G.C.S. Johnson Limited
Notes to the financial statements
Year ended 30 April 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Barton Park, Barton Quarry Industrial Estate, Barton, Richmond, North Yorkshire, DL10 6NF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 37 (2023: 36 ).
5. Debtors
2024 2023
£ £
Trade debtors 805,701 899,485
Amounts owed by group undertakings and undertakings in which the company has a participating interest 121,788 284,788
Other debtors 30,461 47,730
_______ _______
957,950 1,232,003
_______ _______
6. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts - 48,885
Trade creditors 132,689 147,617
Social security and other taxes 366,503 313,949
Other creditors 580,748 640,459
_______ _______
1,079,940 1,150,910
_______ _______
7. Called up share capital
Issued, called up and fully paid
2024 2023
No £ No £
Ordinary shares shares of £ 1.00 each 4 4 4 4
_______ _______ _______ _______
There were no director advances or credits made during the year.
8. Related party transactions
All transactions between related parties were completed under normal market conditions.