Registered number: 4971407 | ||||||||
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 | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
255,385 | 255,385 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (23,141) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | (23,103) | (23,103) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
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 | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 01/05/2023 | 7,046 | 7,046 | ||
At 30/04/2024 | 7,046 | 7,046 | ||
Depreciation | ||||
At 01/05/2023 | 7,006 | 7,006 | ||
At 30/04/2024 | 7,006 | 7,006 | ||
Net Book Amounts | ||||
At 30/04/2024 | 40 | 40 | ||
At 30/04/2023 | 40 | 40 | ||
Garry Phillips Limited | ||||||||
3. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
VAT | 309 | 309 | ||||||
309 | 309 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Directors current account | 278,526 | 278,526 | ||||||
278,526 | 278,526 | |||||||
5. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
6. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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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. |