Silverfin false false 31/07/2024 17/05/2023 31/07/2024 J Gompels 17/05/2023 MAM Gompels 17/05/2023 PDJ Gompels 17/05/2023 AMHH Hathout 17/05/2023 A Pidden 17/05/2023 17 February 2025 The principal activity of the company during the financial period was information technology service activities. 14874928 2024-07-31 14874928 bus:Director1 2024-07-31 14874928 bus:Director2 2024-07-31 14874928 bus:Director3 2024-07-31 14874928 bus:Director4 2024-07-31 14874928 bus:Director5 2024-07-31 14874928 core:CurrentFinancialInstruments 2024-07-31 14874928 core:ShareCapital 2024-07-31 14874928 core:SharePremium 2024-07-31 14874928 core:RetainedEarningsAccumulatedLosses 2024-07-31 14874928 core:ShareCapital 2023-05-16 14874928 core:SharePremium 2023-05-16 14874928 core:RetainedEarningsAccumulatedLosses 2023-05-16 14874928 2023-05-16 14874928 2023-05-17 2024-07-31 14874928 bus:AbridgedAccounts 2023-05-17 2024-07-31 14874928 bus:SmallEntities 2023-05-17 2024-07-31 14874928 bus:AuditExempt-NoAccountantsReport 2023-05-17 2024-07-31 14874928 bus:PrivateLimitedCompanyLtd 2023-05-17 2024-07-31 14874928 bus:Director1 2023-05-17 2024-07-31 14874928 bus:Director2 2023-05-17 2024-07-31 14874928 bus:Director3 2023-05-17 2024-07-31 14874928 bus:Director4 2023-05-17 2024-07-31 14874928 bus:Director5 2023-05-17 2024-07-31 14874928 core:ShareCapital 2023-05-17 2024-07-31 14874928 core:SharePremium 2023-05-17 2024-07-31 14874928 core:RetainedEarningsAccumulatedLosses 2023-05-17 2024-07-31 iso4217:GBP xbrli:pure

Company No: 14874928 (England and Wales)

GOMPELS CORE LIMITED

Abridged Unaudited Financial Statements
For the financial period from 17 May 2023 to 31 July 2024

GOMPELS CORE LIMITED

Abridged Unaudited Financial Statements

For the financial period from 17 May 2023 to 31 July 2024

Contents

GOMPELS CORE LIMITED

BALANCE SHEET

As at 31 July 2024
GOMPELS CORE LIMITED

BALANCE SHEET (continued)

As at 31 July 2024
31.07.2024
£
Current assets
Cash at bank and in hand 49,685
49,685
Creditors: amounts falling due within one year ( 4,411)
Net current assets 45,274
Total assets less current liabilities 45,274
Net assets 45,274
Capital and reserves
Called-up share capital 100
Share premium account 98,997
Profit and loss account ( 53,823 )
Total shareholders' funds 45,274

For the financial period ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Gompels Core Limited (registered number: 14874928) were approved and authorised for issue by the Board of Directors on 17 February 2025. They were signed on its behalf by:

PDJ Gompels
Director
GOMPELS CORE LIMITED

STATEMENT OF CHANGES IN EQUITY

For the financial period from 17 May 2023 to 31 July 2024
GOMPELS CORE LIMITED

STATEMENT OF CHANGES IN EQUITY (continued)

For the financial period from 17 May 2023 to 31 July 2024
Called-up share capital Share premium account Profit and loss account Total
£ £ £ £
At 17 May 2023 0 0 0 0
Loss for the financial period 0 0 ( 53,823) ( 53,823)
Total comprehensive loss 0 0 ( 53,823) ( 53,823)
Issue of share capital 100 98,997 0 99,097
At 31 July 2024 100 98,997 ( 53,823) 45,274
GOMPELS CORE LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

For the financial period from 17 May 2023 to 31 July 2024
GOMPELS CORE LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

For the financial period from 17 May 2023 to 31 July 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Gompels Core Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1 Bank Street, Melksham, SN12 6LE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The financial statements cover the period from the date of incorporation on 17 May 2023 to 31 July 2024, representing a period of longer than 12 months.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

Period from
17.05.2023 to
31.07.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 0