4971407falsehouse building in the U K2023-05-012024-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-05-012024-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-04-30http://www.companieshouse.gov.uk/cd:Director12023-05-012024-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-04-30http://www.companieshouse.gov.uk/cd:Director22023-05-012024-04-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-05-012024-04-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-05-012024-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-04-30http://www.companieshouse.gov.uk/2023-05-012024-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/cd:FRS1022023-05-012024-04-30http://www.companieshouse.gov.uk/2024-04-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-05-012024-04-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-05-012024-04-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 4971407

Garry Phillips Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024

Prepared By:
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Garry Phillips Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
DIRECTORS
G Phillips
Mrs H Phillips
SECRETARY
Mrs H Phillips
REGISTERED OFFICE
6 Brunswick Street
Carlisle
CA1 1PN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 4971407
ACCOUNTANTS
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Garry Phillips Limited

ACCOUNTS
FOR THEYEARENDED30/04/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Garry Phillips Limited

BALANCE SHEET AT 30/04/2024
20242023
Notes££
FIXED ASSETS
Tangible assets24040
CURRENT ASSETS
Stock251,950251,950
Debtors3309309
Cash at bank and in hand3,1263,126
255,385255,385
CREDITORS: Amounts falling due within one year4278,526278,526
NET CURRENT LIABILITIES(23,141)(23,141)
TOTAL ASSETS LESS CURRENT LIABILITIES(23,101)(23,101)
CAPITAL AND RESERVES
Called up share capital22
Profit and loss account(23,103)(23,103)
SHAREHOLDERS' FUNDS(23,101)(23,101)
For the year ending 30/04/2024 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 decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28/01/2025 and signed on their behalf by
.............................
G Phillips
Director

Garry Phillips Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
The financial statements have prepared on the assumption that the company is able to carry on business as a going concern which the directors consider appropriate having regard to the circumstances outlined in the note to the accounts.
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
1d. Stocks
Stock and work in progress are valued at the lower of cost and net estimated selling price less selling costs. The cost of raw material stock is based on the weighted average purchase price. For work in progress, cost is taken as the production cost which includes an appropriate proportion of attributable overheads.
2. TANGIBLE FIXED ASSETS
Plant and
EquipmentTotal
££
Cost
At 01/05/20237,0467,046
At 30/04/20247,0467,046
Depreciation
At 01/05/20237,0067,006
At 30/04/20247,0067,006
Net Book Amounts
At 30/04/20244040
At 30/04/20234040

Garry Phillips Limited

3. DEBTORS 20242023
££
Amounts falling due within one year
VAT309309
309309
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Directors current account278,526278,526
278,526278,526
5. EMPLOYEES
20242023
No.No.
Average number of employees--
6. RELATED PARTY TRANSACTIONS
No remuneration was paid to the directors (2023 - £Nil) during the year.
At the balance sheet date a loan of £278,526 (2023 - £278,046) was owed to the directors. The loan is interest free, unsecured and repayable on demand.
7. GOING CONCERN
At the balance sheet date the company's liabilities exceeded its assets. The company has received assurance from the directors that they will continue to provide financial support to the company for twelve months from the date of signing these accounts. On that basis, the directors consider it to be appropriate to prepare the accounts on a going concern basis.
8. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in England & Wales.
The company's registered number is 04971407.
The company's registered office is 6 Brunswick Street, Carlisle, Cumbria CA1 1PN.