GEMAC DEVELOPMENTS LIMITED

Company Registration Number:
10995467 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 November 2022

End date: 30 April 2024

GEMAC DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Additional notes
Balance sheet notes

GEMAC DEVELOPMENTS LIMITED

Balance sheet

As at 30 April 2024

Notes 18 months to 30 April 2024 2022


£

£
Fixed assets
Tangible assets: 3 272 530
Total fixed assets: 272 530
Current assets
Debtors: 4 4,324 4,324
Cash at bank and in hand: 30 33
Total current assets: 4,354 4,357
Creditors: amounts falling due within one year: 5 ( 14,739 ) ( 7,665 )
Net current assets (liabilities): (10,385) (3,308)
Total assets less current liabilities: (10,113) ( 2,778)
Total net assets (liabilities): (10,113) (2,778)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (10,115 ) (2,780 )
Total Shareholders' funds: ( 10,113 ) (2,778)

The notes form part of these financial statements

GEMAC DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 30 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 23 January 2025
and signed on behalf of the board by:

Name: Mt Gregg Cull
Status: Director

The notes form part of these financial statements

GEMAC DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 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

    Tangible fixed assets depreciation policy

    Office Equipment - 20% Straight Line

GEMAC DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    18 months to 30 April 2024 2022
    Average number of employees during the period 2 2

GEMAC DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 859 859
Additions
Disposals
Revaluations
Transfers
At 30 April 2024 859 859
Depreciation
At 1 November 2022 329 329
Charge for year 258 258
On disposals
Other adjustments
At 30 April 2024 587 587
Net book value
At 30 April 2024 272 272
At 31 October 2022 530 530

GEMAC DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

18 months to 30 April 2024 2022
£ £
Other debtors 4,324 4,324
Total 4,324 4,324

GEMAC DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

18 months to 30 April 2024 2022
£ £
Accruals and deferred income 1,260 990
Other creditors 13,479 6,675
Total 14,739 7,665