Registered Number:07714457 |
For the year ended 31 July 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 July 2024
Gollings Architects Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Gollings Architects Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
34,385
7,611
2
34,385
7,611
Trade and other receivables |
16,139
3,000
3
6
Cash and cash equivalents |
5,445
8,445
16,145
Trade and other payables: amounts falling due within one |
year |
(15,713)
(17,048)
4
432
(8,603)
Net current liabilities
Total assets less current liabilities |
25,782
8,043
Trade and other payables: amounts falling due after more |
than one year |
(7,667)
(3,667)
5
22,115
Net assets
376
100
100
22,015
276
22,115
376
Shareholders' funds
For the year ended 31 July 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Michael Gollings Director |
These financial statements were approved and authorised for issue by the Board on 09 October 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 July 2024
Gollings Architects Ltd
Notes to the Financial Statements
Statutory Information
Gollings Architects Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 07714457. |
Principal place of business: |
19 Victoria Terrace
Harrow on the Hill
HA1 3EW
8 Peterborough Road
Harrow
Middlesex
HA1 2BQ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of architectural services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Office Improvements
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 31 July 2024
Gollings Architects Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
28,497
28,497
-
31,863
-
31,863
31,863
28,497
60,360
Provision for depreciation and impairment |
20,886
20,886
-
Charge for year
5,089
1,903
3,186
25,975
22,789
3,186
28,677
5,708
34,385
-
7,611
7,611
3. Trade and other receivables |
2023
2024
3,000
9,911
-
6,228
16,139
3,000
4. Trade and other payables: amounts falling due within one year |
2023
2024
4,000
4,538
Taxation and social security |
7,580
6,798
5,468
4,377
17,048
15,713
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
3,667
7,667
3 of 4
For the year ended 31 July 2024
Gollings Architects Ltd
Notes to the Financial Statements Continued
6. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
4 of 4