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Registered number: 11206180

Guy's College Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024

Prepared By:
Staffer Mayled & Co Ltd
46-48
Station Road
Cardiff
CF14 5LU

Guy's College Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
DIRECTORS
David Guy
Hui Chen
REGISTERED OFFICE
46-48 Station Road
Llanishen
Cardiff
CF14 5LU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11206180
ACCOUNTANTS
Staffer Mayled & Co Ltd
46-48
Station Road
Cardiff
CF14 5LU

Guy's College Ltd

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-

Guy's College Ltd

BALANCE SHEET AT 30/04/2024
20242023
Notes££
FIXED ASSETS
Intangible assets35,7326,097
Tangible assets443,43740,353
49,16946,450
CURRENT ASSETS
Stock2,1002,000
Debtors66,1222,795
Cash at bank and in hand86,03670,864
94,25875,659
CREDITORS: Amounts falling due within one year778,44474,694
NET CURRENT ASSETS15,814965
TOTAL ASSETS LESS CURRENT LIABILITIES64,98347,415
PROVISIONS FOR LIABILITIES AND CHARGES810,8597,667
NET ASSETS54,12439,748
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account54,02439,648
SHAREHOLDERS' FUNDS54,12439,748
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 24/01/2025 and signed on their behalf by
.............................
David Guy
Director

Guy's College Ltd

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 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1c. Intangible Assets
Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.
1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees--

Guy's College Ltd

3. INTANGIBLE FIXED ASSETS
Development
CostsTotal
££
Cost
At 01/05/20237,2527,252
At 30/04/20247,2527,252
Depreciation
At 01/05/20231,1551,155
For the year365365
At 30/04/20241,5201,520
Net Book Amounts
At 30/04/20245,7325,732
At 30/04/20236,0976,097
4. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/05/202386,53486,534
Additions17,70517,705
Disposals(582)(582)
At 30/04/2024103,657103,657
Depreciation
At 01/05/202346,18146,181
Disposals(453)(453)
For the year14,49214,492
At 30/04/202460,22060,220
Net Book Amounts
At 30/04/202443,43743,437
At 30/04/202340,35340,353
5. STOCK 20242023
££
Stock comprises:
Stock2,1002,000
2,1002,000

Guy's College Ltd

6. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors2,3122,795
UK corporation tax2,146-
VAT1,664-
6,1222,795
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT-4,681
Directors current account7,9647,130
Trade creditors2,688738
Other creditors57,68154,441
Accruals10,1117,704
78,44474,694
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation10,8597,667
10,8597,667
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
10. CONTROLLING PARTY
The controlling party are the director and shareholders of the company.